A&P has asked the court overseeing its bankruptcy case to approve the sale of the intellectual property of Pathmark to an affiliate of Foodtown operator PSK Supermarkets.
According to court documents, K-50-15 Corp. has offered $1 million for assets including the Pathmark logo, trademarks and brand names Pathmark, Chefmark, Big Deals and Sav-A-Center; the Pathmark Gospel Choir Competition; and the Pathmark.com domain name. K-50-15 is a Mount Vernon, N.Y.-based affiliate controlled by the Katz family whose PSK Supermarkets group earlier this year acquired a Pathmark store in Manhattan during A&P’s auction.
A&P has asked for a Dec. 11 hearing on the sale.
PSK operates its stores under the Foodtown banner and recently reopened the 145th Street store under that name. PSK officials were not immediately available for comment.
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