A total of 1,400 current and future retirees of White Rose Inc., an independent food wholesaler based in Carteret, N.J., will see their retirement benefits paid by the Pension Benefit Guaranty Corp.

White Rose and its affiliates, which filed for Chapter 11 bankruptcy protection on Sept. 9, are planning to sell its assets in bankruptcy. According to White Rose’s filing in the U.S. Bankruptcy Court in Wilmington, Del., C&S Wholesale Grocers, Inc. will be the lead bidder for its assets. The auction, sale hearing and closing have been scheduled for Oct. 24, 29 and 31, respectively.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?



Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.