WAKEFERN SEEKS WITHDRAWAL FEE

TRENTON, N.J. -- Wakefern Food Corp. began its courtroom battle here late last week with Big V Supermarkets by emphasizing its demand that the Florida, N.Y.-based retailer pay the Elizabeth, N.J.-based, member-owned cooperative a withdrawal fee of "at least" $200 million.The trial in U.S. Bankruptcy Court will determine the terms under which Big V can withdraw from Wakefern. If Big V is able and willing

TRENTON, N.J. -- Wakefern Food Corp. began its courtroom battle here late last week with Big V Supermarkets by emphasizing its demand that the Florida, N.Y.-based retailer pay the Elizabeth, N.J.-based, member-owned cooperative a withdrawal fee of "at least" $200 million.

The trial in U.S. Bankruptcy Court will determine the terms under which Big V can withdraw from Wakefern. If Big V is able and willing to meet those terms, it is likely to pursue a new supply agreement with another d

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