Food Fair Inc granted bankruptcy protection
Food Fair Inc a Philadelphia based firm once a large East Coast retailer has been granted Chapter 11 protection to continue operations while paying creditors. Bankruptcy Judge John J Galgay awarded the relief after supplier credit terms dwindled and the firm arranged short term financing. The chain includes Pantry Pride Penn Fruit Hills and Food Fair supermarkets and J M Fields discount stores spanning New Hampshire to Florida.
MENTIONED IN THIS ARTICLE
Philadelphia
Food Fair Inc
Manhattan
Food Fair
Jack Friedland
U.S
Correé A van Wek
John J. Galgay
Pantry Pride
Penn Fruit
Harrisburg
Friedlands
Reading
Average American would pay 13.7 percent federal tax
IRS data show 85.2 million 1977 returns with 1.13 trillion dollars in adjusted gross income and 154.6 billion dollars paid as federal income taxes. The idea of a single average taxpayer is misleading, as many differ by income and filing category.
MENTIONED IN THIS ARTICLE
Washington
Uncle Sam
Seternal Revenue Service
IRS
Supreme Court blocks hearing on Maryland education funding dispute
The Supreme Court declined to review Maryland’s fight with the federal HEW over a potential $65 million cut to higher education funds. Judge Eawaro Nortorup will likely resolve the case, after rulings that HEW acted duplicitously and negotiations stalled. The 4th Circuit backed Nortorup’s injunction guiding a timetable to fix racial imbalances within nine months.
MENTIONED IN THIS ARTICLE
Baltimore
Maryland
U.S. District Court
Eawaro Nortorup
George A. Nilson
Supreme Court
Nilson
Department of Health, Education and Welfare
HEW
Northrup
4Th U.S. Circuit Court of Appeals
District Court
Walkout predicted in Hampton Roads tug strike
A Seafarers International Union official foresees a short walkout by about 100 tugboat workers against Curtis Bay Towing Co and McAllister Bros Inc in Hampton Roads over working hours. The dispute began when the contract expired Saturday night and may end within a week after immediate meetings were scheduled. Sixteen tugs and oil barges were affected as some ships were diverted to Baltimore.
MENTIONED IN THIS ARTICLE
Norfolk, Va
Seafarers International Union
Hampton Roads
Gordon Spencer
Spencer
Curtis Bay Towing Co
McAllister Bros Inc
Baltimore
Philadelphia
Curtis Bay
Jack Mace
Hampton Roads Shipping Association
Also Mentioned on This Page
Photo By
Koko
Francine
Penny” Potterson
Martin
PSC
Wilmington
Del
Joshus W. Martin
New Castle
State Public Service Commission
Pierre
du Pont IV
Fred Stern
Hercules Inc
General Assembly
First
Friedland
Exxon Corp
Banktron
Maryland National
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