Haggen Food & Pharmacy is seeking the approval of the bankruptcy court to establish procedures for ongoing sales and for the sale of some of its stores, including one in Southern Nevada.
The motions filed on Oct. 5 present global bidding procedures, stalking horse package bid procedures and a schedule of stores being sold.
The only Las Vegas-based store that will be affected is at 1940 Village Center Circle.
Haggen is seeking a court hearing on Oct. 19 to hear the company’s proposed global bid procedures. Parties interested in participating in the sale of stores need to submit an indication of interest by no later than Oct. 26.
The procedures provide for a deadline for submission of bids to buy some or all of the assets on 2 p.m. Nov. 2, with an auction scheduled on Nov. 9. The hearing to consider the results of the auction will be held on Nov. 24.
If no auction is conducted for a stalking horse package or if one of the stalking horse bidders is the successful bidder for its package after the auction and the contracts identified in the original bid have not changed, a sale hearing for those stores will be held on Nov. 13 instead. All dates are tentative and subject to bankruptcy court approval.
Haggen previously requested approval to start going-out-of-business sales in the identified non-core locations and will exit operations during the last weeks of November. The sale process has been designed to be fair and transparent to derive the highest bid for the stores and to maximize value for the estate and creditors in an orderly process.
Haggen also filed motions to approve two separate asset purchase agreements for stalking horse bidder packages. Gelson’s Markets signed an asset purchase agreement for eight stores in California, and Smart & Final LLC signed an agreement for the Southern Nevada store and 27 stores in California. Both agreements are subject to bankruptcy court approval.
Sagent Advisors, LLC, has been retained to coordinate the sale process for Haggen.
Parties interested in learning more about the process can contact Sagent at (212) 904-9400.
Agency upgrades software
The Department of Employment, Training and Rehabilitation has completed installation of its new unemployment insurance computer program.
The Web-based operating system for managing unemployment insurance tax accounts is now available to employers. The new system includes a secure employer self-service website that gives employers the ability to better manage their unemployment insurance tax and claims activity online.
“It is very exciting to have this last phase of the project completed and to be able to offer employers an easy-to-use online system that links together the unemployment insurance tax and benefits programs,” Renee Olson, the department’s Employment Security Division administrator, said in a statement. “After years of hard work, and during one of the most challenging periods for Nevada’s businesses and workforce, the new system is now up and running. The new Web-based system is coming at a good time as the state continues to show strong job growth with a record number of employers in the state.”
Employers may visit the website and create an online user account, which will provide them full access to the expanded features of the website for their 2015 third quarter reports.
“This upgrade is long-overdue as it replaces an outdated 30-year-old computer system. The new system will offer Nevada’s 62,500 businesses enhanced functionality and flexibility to more easily manage their unemployment insurance tax accounts,” Olson said. “We are excited to provide this state-of-the-art system to the Nevada business community and look forward to working with them to ensure a smooth transition.”
Online enhancements for the Employer Self Service website include the ability to view employer account history and activity, make online requests for subcontractor clearances, federal certifications and payment agreements for any outstanding unemployment insurance tax balance due, and complete an electronic power-of-attorney designation.
The system will provide direct online access for employers to respond to unemployment insurance claims notices and view the benefit charges on their employer accounts.
To view the Employer Self Service website, visit ui.nv.gov/ess.
Nine win health awards
Nine Nevada home health agencies are being recognized for their commitment to improving and promoting patient-centered care.
HealthInsight, a nonprofit, community-based health care collaborative, presented the HealthInsight Quality Award to home health agencies across the state at the Nevada Home Care Association’s third annual conference at the United Healthcare Optum Building in Las Vegas on Oct. 1.
The HealthInsight Quality Award recipients are Reliance Health Care LLC, Mountain Crest Home Health, Advent Home Health, At Home Health Services, Interim Health Care of Nevada, Vision Health Care Inc., Caring Nurses Inc. and Health & Care Professional Network LLC, all of Las Vegas; and Mother’s Care Home Health Services Inc. in Henderson.
Home health agencies are selected if they complete a quality improvement project aimed at improving patient-centered care and for demonstrating high-quality health care and excellence in performance on publicly reported quality of care measures and other specified quality markers. These measures come from data that are voluntarily reported by home health agencies across the nation.
For home health quality information, visit www.medicare.gov/homehealthcompare or call 1-800-MEDICARE (1-800-633-4227).