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the staff of the Ridgewood blog
Cresskill NJ, A Bergen County, New Jersey, man today admitted concealing assets from a bankruptcy trustee, Acting U.S. Attorney Rachael A. Honig announced.
Victor Osorio, 53, of Creskill, New Jersey, pleaded guilty by videoconference before U.S. District Judge Kevin McNulty to an information charging him with one count of bankruptcy fraud.
the staff of the Ridgewod blog
Ridgewood NJ, KB US Holdings, Inc. (“KB or the Company”), parent company of the Kings Food Markets and Balducci’s Food Lover’s Market subsidiary banners, today announced it has accepted a stalking horse bid from TLI Bedrock to purchase the Company for $75 million. To facilitate an orderly sale, KB and its subsidiaries have commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the Southern District of New York (the “Court”).
Continue reading Parent Company of Kings Supermarket Accepts Purchase Bid, Files For Bankruptcy
