GRAND UNION HEARING DELAYED

WAYNE, N.J. -- A confirmation hearing on a reorganization plan submitted by Grand Union Co. here to the U.S. Bankruptcy Court in Wilmington, Del., has been rescheduled for May 31. The hearing was originally scheduled for May 18. The delay was requested by the chain after it filed its second amended Chapter 11 plan and disclosure statement detailing the terms of its settlement agreement with creditors

WAYNE, N.J. -- A confirmation hearing on a reorganization plan submitted by Grand Union Co. here to the U.S. Bankruptcy Court in Wilmington, Del., has been rescheduled for May 31. The hearing was originally scheduled for May 18. The delay was requested by the chain after it filed its second amended Chapter 11 plan and disclosure statement detailing the terms of its settlement agreement with creditors of its parent company, Grand Union Capital Corp. Under the settlement, Grand Union said it wi

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