Tops Markets Trustee Blames Morgan Stanley for Grocer's Bankruptcy - WSJ

Tops Markets Trustee Blames Morgan Stanley for Grocer's Bankruptcy - WSJ

The company took on so much debt to finance four separate dividends between 2009 and 2013 that it couldn’t fund its obligations under two underfunded union pension plans, according to the lawsuit filed Wednesday in the U.S. Bankruptcy Court in White Plains, N.Y.

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