One of the largest grocery chains in the U.S., The Great Atlantic & Pacific Tea Company, filed for bankruptcy on Sunday night in White Plains, N.Y. The Chapter 11 filing affects all A&P, Pathmark, Waldbaum’s, Food Emporium, Food Basics, and Super Fresh stores operating under the A&P umbrella.
Kirkland & Ellis restructuring partner Paul Basta, who joined the firm’s New York office in September 2006 from Weil, Gotshal & Manges, is advising A&P in its bankruptcy case. Reuters reported on Friday that A&P had hired the firm for restructuring counsel. Kirkland partners James Mazza, Jr., and Ray Schrock are also advising the debtor. The firm has not yet filed billing statements with the bankruptcy court.
