MILAN, Ill. -- Eagle Food Centers here said last week it has obtained approval in U.S. Bankruptcy Court to pay the remaining prepetition claims of its trade creditors.
financial commitments to trade creditors.
Eagle filed a bankruptcy petition in late February for a strategic restructuring under a voluntary, pre-arranged Chapter 11. The filing came six weeks before April 15, when when $100 million of the company's senior notes matured.
The court has scheduled a heari