KB US Holdings, Inc. – Operator of King Food Markets and Balducci’s Food Lover’s Market Files Chapter 11 After Failed Union Negotiations Preclude Out-of-Court $75mn (30 Store) Sale to TLI Bedrock
August 23, 2020 – KB US Holdings, Inc. and nine affiliated Debtors (“KB” or the “Debtors”) filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of New York, lead case number 20-22962. The Debtors, the parent company of King Food Markets and Balducci's Food Lover's Market, are represented by Vincent…