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Creditors Offer Grand Union PlanWAYNE, N.J. -- A group of creditors of Grand Union Co. here submitted its own plan of reorganization for the company last week, one day before Grand Union was scheduled to file a revised plan with a Delaware bankruptcy court.It remains to be seen whether the bankruptcy judge will accept the creditors' filing, since Grand Union is still within the 180-day period during

Creditors Offer Grand Union Plan

WAYNE, N.J. -- A group of creditors of Grand Union Co. here submitted its own plan of reorganization for the company last week, one day before Grand Union was scheduled to file a revised plan with a Delaware bankruptcy court.

It remains to be seen whether the bankruptcy judge will accept the creditors' filing, since Grand Union is still within the 180-day period during which it has exclusivity to file a reorganization plan.

Grand U

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