
In re: Great Atlantic & Pacific Tea Company
In re: Great Atlantic & Pacific Tea Company refers to a legal case involving the grocery chain commonly known as A&P, which filed for bankruptcy. The case addressed how its assets, debts, and operations should be managed during bankruptcy proceedings. The goal was to reorganize the company or facilitate its sale to repay creditors while trying to preserve as much of its business as possible. This case is significant in bankruptcy law as it illustrates how large retail businesses handle financial distress through court-sanctioned processes to maximize value and address debts.