Loose Change

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Loose Change

When Fleming Companies filed for bankruptcy last week, company officials probably did not speculate on the erroneous conclusions some would make in regard to its chosen petition date. "I think the filing is an April fool's joke, everything is fine," one market player said of Fleming's decision to pursue a Chapter 11 bankruptcy. He retracted his statement three days later, when the company did not seem to be joking.

 

Related articles

Gift this article