AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Fleming files for Chapter 11 protection.(The Dallas Morning News)
Byline: Maria Halkias
DALLAS _ Fleming Cos. on Tuesday filed for bankruptcy protection and lined up financing to keep the company going. But the terms behind that lifeline may be a tough sell in court, legal experts said.
The bankruptcy filing ended months of speculation on how nation's largest grocery distributor would deal with a $4.5 billion-a-year Kmart Corp. contract that shrank and finally disappeared.
In the end, the need for money to pay employees and suppliers in the short-term forced Lewisville, Texas-based Fleming to seek Chapter 11 bankruptcy.
Now that financing struggle is at the core of whether the 88-year-old company with Oklahoma roots will be allowed to successfully reorganize in U.S. Bankruptcy Court in Wilmington, Del., where it filed.
Fleming listed assets ...
- JP Morgan Fleming - Annual Information Update.
- News wire article from: Europe Intelligence Wire September 28, 2006 700+ words
...JMO JPMorgan Fleming Overseas IT PLC Holding(s) in Company RNS 11:05 27...JMO JPMorgan Fleming Overseas IT PLC Holding(s) in Company RNS 11:39 24...JMO JPMorgan Fleming Overseas IT PLC Holding(s) in Company RNS 12:17 10...
- Fleming Responds to Kmart Store Closure Plan; Conference Call Scheduled for...
- Press release article from: PR Newswire March 8, 2002 700+ words
...number of supercenters. Fleming continues to deliver...negotiated between the two companies. The companies also continue to operate...store operating base, Fleming will continue to serve...the Internet on the company's website at http...
- Fleming suit vs. David's lawyer rejected.(Fleming Cos., David's...
- Magazine article from: Supermarket News Gattuso, Greg December 15, 1997 700+ words
...Under that same settlement, Fleming agreed to drop its defamation...chain and its founder. However, Fleming said it would pursue the defamation...earlier case. A spokesman for Fleming told SN the company is disappointed by the judge...
- FLEMING SHUTTERS DEPOTS AND EXITS FIVE MARKETS.
- Magazine article from: Supermarket News Zwiebach, Elliot May 12, 2003 700+ words
...a core part of Fleming operations." The company said it plans...help ensure that Fleming maximizes the...business. The company said it received...payment June 10. Fleming confirmed that...turnaround management company, has been named...
- Fleming Announces Pending Sale of Certain Wisconsin Retail Stores.
- Press release article from: PR Newswire December 6, 2002 700+ words
Fleming Companies, Inc. today announced...stores in Wisconsin. Fleming is engaged in advanced...Wisconsin. In addition, the company has entered into an agreement...site: http://www.fleming.com/ Company News On-Call: http...
- Fleming Announces Agreement for Sale of 28 California Food4Less Locations.
- Press release article from: PR Newswire November 13, 2002 700+ words
...Supply Arrangement Fleming Companies, Inc. today announced...the sale of 26 Fleming-owned Food4Less...construction. The company anticipates net...retail sales, Fleming will become the...wholesale distribution company with a national...
- Alexander Fleming, Biopioneer Strive For Excellence: He used his powers of...
- Magazine article from: Investor's Business Daily October 30, 2001 700+ words
...winning bacteriologist Sir Alexander Fleming knew potential when he saw it. When he...he made history. Throughout life, Fleming stood by certain virtues that helped him...Kevin Brown, curator of the Alexander Fleming Laboratory Museum at St. Mary's Hospital...
- FLEMING'S BANKRUPTCY HURTING VENDORS.
- Magazine article from: Supermarket News Murray, Barbara April 28, 2003 700+ words
...losses due to the Chap. 11 bankruptcy of Fleming here. Hershey Foods Corp., Hershey, Pa...as a reserve against possible defaults by Fleming. Hershey is owed more than $7 million by a Fleming subsidiary, Core-Mark International...
- Fleming Announces Agreement to Sell Five Stores; Sale of Additional Store...
- Press release article from: PR Newswire February 12, 2003 700+ words
Fleming Companies, Inc. today announced...Albertsons for the sale of five Fleming stores. Three Food4Less...diligence. Upon receipt, the company intends to apply the cash...from these transactions to Fleming's senior secured term...
- FLEMING COS. / Lewisville, Texas Grocery Supplier Responds To Market Shift.(THE...
- Magazine article from: Investor's Business Daily July 16, 2001 700+ words
...We've taken a rusty company out of a mature market...it to grow again." Fleming's main business is wholesale distribution. The company serves around 3,000...have taken a troubled company that always had potential...direction." No longer does Fleming broadly stock each of...
Source: HighBeam Research, Fleming files for Chapter 11 protection.(The Dallas Morning News)