Penn Traffic

Young Conaway served as co-counsel to The Penn Traffic Company, et al., one of the leading food retailers in the eastern United States. Penn Traffic operated 107 supermarkets in Pennsylvania, upstate New York, Vermont and New Hampshire under the "Bi-Lo", "P&C" and "Quality" trade names. Penn Traffic also operated wholesale food distribution businesses serving approximately 122 licensed franchises and independent operators. As co-counsel for Penn Traffic, Young Conaway played a central role in achieving a reorganization which paid unsecured creditors in full.