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Published on 2/19/2014 in the Prospect News Distressed Debt Daily.

Former Fresh & Easy receives court approval of Stockton property sales

By Caroline Salls

Pittsburgh, Feb. 19 - Old FENM Inc., formerly Fresh & Easy Neighborhood Market Inc., received court approval of the $53.5 million and $49.5 million sales of two properties in Stockton, Calif., to US Real Estate LP, according to a Feb. 19 filing with the U.S. Bankruptcy Court for the District of Delaware.

US Real Estate LP was the stalking-horse bidder for both properties.

Fresh & Easy, a Wilmington, Del.-based grocery store chain, filed for bankruptcy on Oct. 1. The Chapter 11 case number is 13-12569.


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