Andy Brimmer / Aaron Palash / Jeffrey Kauth
Joele Frank, Wilkinson Brimmer Katcher
Tops Continues Normal Operations During Financial Restructuring
Tops Markets, LLC (“Tops” or the “Company”) announced that it is pursuing a financial restructuring in order to eliminate a substantial portion of debt from the Company’s balance sheet and position Tops for long-term success.
In order to implement the financial restructuring, the Company chose to voluntarily file for reorganization under Chapter 11 of the U.S. Bankruptcy Code on February 21, 2018.
Tops stores across the Company’s portfolio in Upstate New York, Northern Pennsylvania and Vermont are continuing to serve customers with no impact to day-to-day operations. The Company fully expects operations to continue as normal during its financial restructuring process.
At Tops, we are all mindful of the special responsibility we have to the communities we serve and live in. Our priorities, values and commitments will not change. We look forward to continuing to provide our customers the convenience, savings and friendly service that they expect from us.
Court filings and other information related to the court-supervised proceedings are available on a separate website administered by Top’s claims agent, Epiq, at http://dm.epiq11.com/TOPS.
Tops has established a Restructuring Hotline, toll-free in the U.S. at (888) 764-7358 or for calls originating outside the U.S. at