Fresh & Easy, LLC Files for Bankruptcy in Delaware

On October 30, 2015, Fresh & Easy, LLC (“Debtor”) filed a petition for bankruptcy under Chapter 11 of the United States Bankruptcy Code.  Exide filed for bankruptcy in the United States Bankruptcy Court for the District of Delaware. At the time of its bankruptcy filing, Fresh & Easy had 97 stores in California, Arizona and Nevada.

Chief financial officer Peter McPhee signed court documents indicating the company has assets of $10 million to $50 million and debts of between $100 million and $500 million.

The Exide bankruptcy is before Judge Christopher S. Sontchi. The case is proceeding under case number 15-12220. U.S. Bankruptcy Court Judge Christopher Sontchi in Delaware had not set a date for the first creditors meeting as of Nov. 2.

Fresh & Easy is represented by the law firm Cole Schotz P.C.

Carl D. Neff is a partner with the law firm of Fox Rothschild LLP.  Carl is admitted in Delaware and regularly practices before the United States Bankruptcy Court for the District of Delaware. You can reach Carl at (302) 622-4272 or at [email protected].