Robesonia, Pennsylvania-based Associated Wholesalers, Inc. (“AWI”) and ten associated debtors (collectively, the “Debtors”) filed Chapter 11 petition in the Bankruptcy Court for the District of Delaware. A copy of the AWI petition is linked here: Voluntary Petition (Associated Wholesalers, Inc.). AWI provides distribution and retail services to its member retailers, who in turn operate supermarkets.
The Debtors offer the declaration of Douglas A. Booth in support of their first day motions. A copy of the Booth Declaration is found here: Declaration of Douglas A. Booth. Mr. Booth is the Chief Restructuring Officer of the Debtors. According to the Booth Declaration, AWI acquired Di Giorgio Corporation (later renamed White Rose, Inc.) in June 2006 and have since faced significant economic changes. Since approximately June 2014, Debtors have attempted to sell substantially all of their assets. As a result of this process, Debtors entered into an Asset Purchase Agreement with C&S Wholesale Grocers, Inc. (“C&S”) on September 9, 2014, who will serve as the stalking horse bidder through the Bankruptcy Court’s sale process.
The cases have been assigned to Bankruptcy Judge Kevin J. Carey for administration. The lead case has been docketed as case no. 14-12093 (KJC).