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News of Otsego County

Tops bankruptcy

Tops Reorganization Plan OK’d By Bankruptcy Court

Tops Reorganization Plan

OK’d By Bankruptcy Court

WILLIAMSVILLE – Tops Markets, which operates a supermarket in Cooperstown Commons, today announced that the U.S. Bankruptcy Court for the Southern District of New York has confirmed the company’s Plan of Reorganization.

Tops announced it expects to complete its restructuring and emerge from Chapter 11 shortly.

“We are pleased to receive the Court’s approval of our plan and are poised to emerge from this process an even stronger and more competitive company,” said Tops CEO Frank Curci.

Tops Prepares Plan To Avoid Bankruptcy

Tops Prepares Plan

To Avoid Bankruptcy

Tops store #568 is in Cooperstown Commons, Town of Hartwick.

COOPERSTOWN – Williamsville-based Tops Markets, which operates a supermarket in Cooperstown Commons, announced that it has filed a Plan of Reorganization with U.S. Bankruptcy Court for the Southern District of New York.

The plan incorporates the company’s court-approved agreements with its unions and is supported by certain of the company’s senior secured lenders that hold more than 87 percent of its Senior Secured Notes due 2022, the company said.

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21 Railroad Ave. Cooperstown, New York 13326 • (607) 547-6103