Bankruptcy Preference Creditor's Digest » Bashas

Bashas Lesson – PACA Trust Beneficiaries Require Bankruptcy Advocacy

burbageweddell — Tue, 25 Aug 2009 18:35:15 +0000

The Perishable Agricultural Commodities Act (“PACA”) provides federal statutory protection to vendors of fresh fruits and vegetables as the commodities pass through the “foodservice chain” from growers, »»

PACA, PASA Issues Complicate Bashas First-Day Motions

burbageweddell — Fri, 17 Jul 2009 13:34:47 +0000

The Perishable Agricultural Commodities Act (“PACA”) and its sister statute “Packers and Stockyards Act (“PASA”) provide federal statutory lien protection to vendors of fresh foods and bulk »»

Bashas’ and its Secured Lenders Find Something they Agree on: We Need An Accountant!

burbageweddell — Thu, 06 Aug 2009 00:53:28 +0000

During the three weeks following the date of its bankruptcy, Bashas’ has locked horns with its secured lender group (a consortium including Compass Bank, Wells Fargo and »»

Bashas’ Makes Good on Announced Plans to Shutter Fifteen Stores; What Does this Mean to Suppliers?

burbageweddell — Thu, 06 Aug 2009 00:27:50 +0000

Prior to filing its bankruptcy reorganization proceedings on July 12, 2009, Bashas’ announced its intention to close unprofitable stores. Bashas’ now has followed through and requested bankruptcy »»

Bashas Inc. Bankruptcy – 30 Largest Unsecured Creditors

burbageweddell — Mon, 13 Jul 2009 13:32:13 +0000

Bashas’ Inc. and 2 affiliated entities (”Debtors”) filed petitions in Bankruptcy Court for the District of Arizona for relief under chapter 11 of title 11 of the »»