8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): April 2, 2010

THE PENN TRAFFIC COMPANY

(Exact Name of Registrant as Specified in its Charter)

Delaware	0-8858	25-0716800
(State or Other Jurisdiction	(Commission File Number)	(IRS Employer
of Incorporation)		Identification No.)

1200 State Fair Boulevard

Syracuse, New York 13221-4737

(Address of Principal Executive Offices) (Zip Code)

(315) 453-7284

(Registrant’s telephone number, including area code)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01.  Other Events

As previously disclosed, on November 18, 2009, The Penn Traffic Company (the “Company”), and each of its direct and indirect subsidiaries, including Penny Curtiss Baking Company, Inc. (“PCBC”) and Big M Supermarkets, Inc. (together with the Company and PCBC, the “Debtors”) filed voluntary petitions (the “Chapter 11 Petitions”) for relief under Chapter 11 of the United States Bankruptcy Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”).  The Debtors are continuing to manage their properties and operate their businesses as “debtors-in-possession” under the jurisdiction of the Bankruptcy Court and no trustee or examiner has been appointed in the Company’s case.  The Company currently believes that after the Company's repayment of its creditors to the extent it has available funds, none of its assets will remain available for distribution to its stockholders.  The Company intends to propose and have its Chapter 11 plan of liquidation confirmed by the Bankruptcy Court later in 2010.

On April 2, 2010, the Debtors filed their monthly operating report for the month ended February 27, 2010 (the “Monthly Operating Report”) with the Bankruptcy Court. The Monthly Operating Report is attached hereto as Exhibit 99.1 and is incorporated herein by reference. This current report (including the exhibit hereto) shall not be deemed an admission as to the materiality of any information required to be disclosed solely by Regulation FD.

Additional information regarding the Debtors' bankruptcy cases, including access to court documents and other general information, are available to the public at http://www.donlinrecano.com/cases/caseinfo/penn3.  Information contained on, or that can be accessed through, this website is not part of this report.

Limitation on Incorporation by Reference

In accordance with General Instruction B.2 of Form 8-K, the information with respect to the Debtors in this Item 8.01 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

Cautionary Statement Regarding Financial and Operating Data

The Company cautions investors and potential investors not to place undue reliance upon the information contained in the Monthly Operating Report, which was not prepared for the purpose of providing the basis for an investment decision relating to any of the securities of the Company.

The Monthly Operating Report contains unaudited financial information which has not been reviewed by independent accountants and is in a format prescribed by applicable bankruptcy laws.  The financial information related to the Debtors included in the Monthly Operating Report is limited in scope, and has been prepared solely for the purpose of complying with the monthly reporting requirements of the Office of the United States Trustee, Region 3, and the Bankruptcy Court.  As a result, the financial information contained in the Monthly Operating Report is not presented in accordance with generally accepted accounting principles (“GAAP”) or Securities and Exchange Commission (“SEC”) regulations applicable to financial statements contained in periodic reports filed with the SEC.  Preparation of the Debtors’ financial statements in accordance with GAAP could result in material reconciliations and adjustments to certain financial information presented in the Monthly Operating Report.

There can be no assurance that, from the perspective of an investor or potential investor in the Company’s securities, the Monthly Operating Report is complete.  The Monthly Operating Report contains information for periods that are shorter or otherwise different from those required in the Company’s reports pursuant to the Exchange Act, and such information might not be indicative of the Company’s financial condition or operating results for the period that would be reflected in the Company’s financial statements or in its reports pursuant to the Exchange Act.  Results set forth in the Monthly Operating Report should not be viewed as indicative of future results.

Cautionary Statement Regarding Forward-Looking Statements

This current report on Form 8-K and exhibit hereto contain forward-looking statements. Actual results may differ materially from the results suggested by these forward-looking statements, for a number of reasons, including, but not limited to (i) the impact of the Debtors’ bankruptcy filings, (ii) illiquidity of the Company’s securities and the volatility of the Company’s share prices, (iii) the impact of the actions and decisions of the Company’s creditors and other third parties with interests in the Bankruptcy Petitions, (iv) asset impairments, asset dispositions, restructuring activities, contract terminations and rejections and claims assessments that may significantly impact the Company’s consolidated financial statements and (v) any inability on the part of the Company to retain and motivate management and key employees.  Readers are referred to the Company’s Quarterly Report on Form 10-Q filed on December 21, 2009, and Annual Report on Form 10-K, filed on April 21, 2009, and the other documents filed by the Company with the Securities and Exchange Commission, which further identify the important risk factors that could cause actual results to differ materially from the forward-looking statements in this current report on Form 8-K and the exhibit hereto.  The Company disclaims any obligations to update any forward-looking statements.

Item 9.01Financial Statements and Exhibits.

Exhibit No.	Exhibit
99.1	Monthly Operating Report for the month ended February 27, 2010, filed with the United States Bankruptcy Court for the District of Delaware.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

THE PENN TRAFFIC COMPANY
(Registrant)
By:	/s/ Daniel J. Mahoney
	Name:	Daniel J. Mahoney
	Title:	SVP, General Counsel

Date: April 13, 2010

EX-99.1

UNITED STATES BANKRUPTCY COURT

DISTRICT OF DELAWARE

In re The Penn Traffic Company, et al	Case No.   09-14078 (PJW)
Debtors	Reporting Period: February 27, 2010

MONTHLY OPERATING REPORT

		Document	Explanation	Affidavit/Supplement
REQUIRED DOCUMENTS	Form No.	Attached	Attached	Attached
Schedule of Cash Receipts and Disbursements	MOR-1	X
Bank Reconciliation (or copies of debtor's bank reconciliations)	MOR-1a
Schedule of Professional Fees Paid	MOR-1b	X
Copies of bank statements
Cash disbursements journals
Statement of Operations	MOR-2	X
Balance Sheet	MOR-3	X
Status of Postpetition Taxes	MOR-4	X
Copies of IRS Form 6123 or payment receipt
Copies of tax returns filed during reporting period
Summary of Unpaid Postpetition Debts	MOR-4b	X
Listing of aged accounts payable	MOR-4c	X
Accounts Receivable Reconciliation and Aging	MOR-5	X
Debtor Questionnaire	MOR-5	X

I declare under penalty of perjury (28 U.S.C. Section 1746) that this report and the attached documents are true and correct to the best of my knowledge and belief.

Signature of Debtor	Date
Signature of Joint Debtor	Date
/s/ Eric J. Sattler	4/13/2010
Signature of Authorized Individual*	Date
Eric J. Sattler	VP of Finance & Interim CFO
Printed Name of Authorized Individual	Title of Authorized Individual

*Authorized individual must be an officer, director or shareholder if debtor is a corporation; a partner if debtor is a partnership; a manager or member if debtor is a limited liability company.

UNITED STATES BANKRUPTCY COURT

DISTRICT OF DELAWARE

In re  The Penn Traffic Company, et al	Case No.   09-14078 (PJW)
Debtors	Period: February 27, 2010

MONTHLY OPERATING REPORT

Summary of Cases

	Debtor	Case Number
	The Penn Traffic Company, Debtor	09-14078 (PJW)
	Sunrise Properties, Debtor	09-14079 (PJW)
	Pennway Express, Inc., Debtor	09-14080 (PJW)
(1)	Penny Curtis Baking Company, Inc., Debtor	09-14082 (PJW)
(1)	Big M Supermarkets, Inc., Debtor	09-14083 (PJW)
(1)	Commander Foods, Inc., Debtor	09-14084 (PJW)
(1)	P & C Food Markets, Inc. of Vermont, Debtor	09-14085 (PJW)
(1)	P.T. Development, LLC, Debtor	09-14086 (PJW)
	P.T. Fayetteville/Utica, LLC, Debtor	09-14087 (PJW)

(1)  No financial data was maintained for these entities because such entities were not engaged in active operations during the relevant time period of this report.

MOR-1	Case No. 09-14978 (PJW)
	Reporting Period: February 27, 2010

In re: The Penn Traffic Company, et al

Debtors

1/31 - - 2/27 Total Cash Flow

($ in thousands)		W/E		W/E			W/E			W/E		1/31-2/27			Cumulative
		2-6-10		2-13-10			2-20-10			2-27-10		Total			to Date
Cash Receipts:
Sales Receipts	$	3,877	$	-		$	-		$	-		$	3,877		$	133,805
Other Receipts (A/R Coll./Dep.)		1,087		785			680			856			3,409			18,662
Miscellaneous Retail Receipts		1,501		351			-			-			1,852			22,150
Store Closure/Sale Proceeds		-		-			-			-			-			85,000
Total Receipts		6,464		1,136			680			856			9,137			259,618
Cash Disbursements:
Trade Payments:
Product		48		7			55			-			111			88,749
Non-Product		527		678			315			118			1,639			7,950
Total Trade Payments		576		685			370			118			1,749			96,699
Operating Expenses:
Store Payroll, Taxes & Benefits		1,749		-			-			-			1,749			27,579
Corp. Payroll, Taxes & Benefits		338		-			-			-			338			5,523
Severance/WARN and Retention		-		-			-			-			-			-
Union Benefits		-		910			1,547			-			2,457			6,610
401K Plans		-		-			-			-			-			-
Utilities		693		627			56			241			1,617			3,467
Rent Cam & RE Taxes		-		-			-			-			-			3,433
Insurance Premiums & Claims		88		154			275			128			645			1,567
Capital Expenditures		-		-			-			-			-			995
Sales Tax Payable		-		-			-			140			140			1,446
Store Currency & Coin Orders		-		-			-			-			-			6,394
Other (WUnion/Util. Rmb/Bank fees)		205		1,459			57			39			1,761			12,845
Liquidator Expense Reimbursement		-		-			-			-			-			6,385
Expense Reimbursement		-		-			-			-			-			-
Miscellaneous Expense		-		350			200			-			550			823
Total Operating Expenses		3,073		3,500			2,136			548			9,257			77,066
Financing Expenses:
Term/Standby LC Interest		-		-			-			-			-			580
Suppl. RE Facility Interest		-		-			-			-			-			373
DIP & Revolver Interest & Fees		-		-			-			-			-			950
Debt Paydown / L/C Collat.		-		-			-			-			-			56,298
Total Non-Operating Expenses		-		-			-			-			-			58,201
Net Operating Cash Flow		2,815		(3,050	)		(1,826	)		191			(1,870	)		27,651
Bankruptcy Expenses:
Deposits/Cash-in-Advance		-		-			-			-			-			3,802
Professional Fees		-		198			200			359			757			2,273
UST Fees		47		-			-			-			47			47
Claims Agent		-		-			4			276			280			551
Cure Costs		79		984			797			65			1,925			1,925
Funds Transferred to/(from) Cure Cost		-		(1,219	)		(706	)		-			(1,925	)		2,018
Funds Transferred to/(from) Closing Issues		-		-			-			-			-			12,500
Funds Transferred to/(from) Prof Carve Out		-		-			-			(722	)		(722	)		2,278
Funds Transferred to/(from) Escrow		-		-			-			-			-			-
Un-reconciled Cash Flow		-		-			-			-			-			-
Total Bankruptcy Expenses		126		(37	)		295			(21	)		362			25,395
Total Disbursements		3,775		4,149			2,801			644			11,369			257,361
Net Cash Flows	$	2,690	$	(3,013	)	$	(2,121	)	$	212		$	(2,232	)	$	2,257

In re  The Penn Traffic Company, et al	Case No. 09-14078 (PJW)
Debtor	Reporting Period: February 27, 2010

SCHEDULE OF PROFESSIONAL FEES AND EXPENSES PAID

		Amount			Check			Amount Paid				Year-To-Date
Payee	Period Covered	Approved		Payor	Number		Date	Fees		Expenses		Fees		Expenses
Donlin Recano	12/22/2009		4,500.00	Penn Traffic		28274814	12/24/09		-		4,500.00		-		4,500.00
Donlin Recano	1/6-1/8/2010		20,500.00	Penn Traffic		28481927	1/12/10		-		20,500.00		-		20,500.00
Donlin Recano	12/1/09-12/31/09		123,854.43	Penn Traffic		28602926	1/21/2010		105,964.83		17,889.60		105,964.83		17,889.60
Donlin Recano	11/1/09-11/30/09		122,573.75	Penn Traffic		28195676	1/21/2010		91,343.67		31,230.08		91,343.67		31,230.08
Donlin Recano	1/24/2010		4,150.00	Penn Traffic		0000467A	1/25/2010				4,150.00				4,150.00
Donlin Recano	1/1/10 - 1/31/10		276,170.57	Penn Traffic		265117	2/24/2010		243,243.15		32,927.42		243,243.15		32,927.42
Conway, Del Genio, Greis	1/3/10 - 2/2/10		155,760.20	Penn Traffic		262967	1/7/2010		150,000.00		5,760.20		150,000.00		5,760.20
Conway, Del Genio, Greis	2/3/10 - 3/1/10		163,245.66	Penn Traffic		28865298	2/2/2010		150,000.00		13,245.66		150,000.00		13,245.66
Conway, Del Genio, Greis	3/2/10 - 4/1/10		164,893.51	Penn Traffic		29274664	3/8/2010		150,000.00		14,893.51		150,000.00		14,893.51
Fulbright & Jaworski	12/1/09-12/31/09		78,286.08	Penn Traffic		28944754	2/17/2010		76,684.60		1,601.48		76,684.60		1,601.48
Otterbourg, Steindler, Houston	12/2/09-12/31/09		279,335.22	Penn Traffic		29055915	2/25/2010		276,294.00		3,041.22		276,294.00		3,041.22
Total			1,393,269.42						1,243,530.25		149,739.17		1,243,530.25		149,739.17

In re The Penn Traffic Company, et al	Case No.   09-14078 (PJW)
Debtors	Reporting Period:     February 27, 2010

MOR 2

Consolidated Statement of Operations

(In thousands)

Unaudited

	Penn			Fayetteville/		Pennway		Penny	Sunrise	Penn Traffic	Consolidated
	Traffic			Utica		Express		Curtiss	Properties	Eliminations	Penn Traffic
Revenues	$	2		$	-	$	-				$	2
Cost and Operating Expenses
Cost of sales		1,589			-							1,589
Selling and administrative expenses		(1,709	)		-							(1,709	)
Asset impairment charge		-			-		-					-
Goodwill impairment charge		-			-		-					-
Operating Income		122			-		-					122
Interest expense		26			-		-					26
Reorganization expense		856			-		-					856
(Loss) Income from continuing operations before taxes		(761	)		-		-					(761	)
Provision for income taxes		-			-		-					-
(Loss) Income before loss from discontinued operations, net of tax		(761	)		-		-					(761	)
(Loss) income from discontinued operations, net of tax		0			-		-					0
(Loss) Income before extraordinary item		(761	)		-		-					(761	)
Extraordinary item		-			-		-					-
Net (Loss) Income	$	(761	)	$	-	$	-				$	(761	)

(1)   The following legal entities: Big M Supermarkets, Inc., Commander Foods,Inc.,

P&C Food Markets, Inc of Vermont, and  PT-Development, LLC, are not reported on the above schedule due to the fact that there was no or nominal activity for the reporting period of January 31, 2010 through February 27, 2010 for these entities.

In re: The Penn Traffic Company, et al	Csae No.  09-14078 (PJW)
Debtors	Reporting Period: February 27, 2010

MOR 3

Consolidated Balance Sheet

As of February 27, 2010

Unaudited

(In Thousands)

	Penn			Fayetteville/					Pennway			Penny			Sunrise			Penn Traffic		Consolidated
	Traffic			Utica		Big M			Express			Curtiss			Properties			Eliminations		Penn Traffic
ASSETS
Current Assets:
Cash and short-term investments		36,622			-		-			-			-			-			-		36,622
Accounts and notes receivables		17,264			-		-			350			-			-			-		17,614
Inventories		20			-		-			-			-			-			-		20
Prepaid expenses and other current assets		3,050			-		-			-			-			-			-		3,050
Assets Held for Sale		-			-		-			-			-			-			-		-
		56,956			-		-			350			-			-			-		57,306
Noncurrent Assets:
Capital leases		-			-		-			-			-			-			-		-
Property, plant and equipment		-			-		-			-			-			-			-		-
Goodwill		-			-		-			-			-			-			-		-
Intangible assets		-			-		-			-			-			-			-		-
Other assets		55,466			-		-			-			-			-			-		55,466
		112,422			-		-			350			-			-			-		112,772
LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:
Current portion of obligations under capital leases		-			-		-			-			-			-			-		-
Current maturities under long-term debt		-			-		-			-			-			-			-		-
Trade account and drafts payables		332			-		(2	)		-			-			-			-		330
Other current liabilities		17,376			-		-			-			2			-			-		17,378
Accrued interest expense		-			-		-			-			-			-			-		-
Deferred income taxes		-			-		-			-			-			-			-		-
		17,708			-		(2	)		-			2			-			-		17,708
Intercompany payables		(54,807	)		-		54,746			(3,611	)		4,068			(397	)		-		(1	)
Noncurrent Liabilities:
Obligations under capital leases		-			-		-			-			-			-			-		-
Long-term debt		-			-		-			-			-			-			-		-
Deferred income taxes		-			-		-			-			-			-			-		-
Other noncurrent liabilities		16,392			-		-			-			-			-			-		16,392
Total Liabilities Subject to Compromise		82,043			-		-			-			2,609			-			-		84,652
Stockholders' Equity:
Preferred stock		(20	)		-		-			-			20			-			-		-
Common Stock		36			-		20			1			30			1			-		88
Capital in excess of par		128,246			-		-			-			-			-			-		128,246
Stock warrants		-			-		-			-			-			-			-		-
Retained Earnings		(76,906	)		-		(54,764	)		3,960			(6,729	)		396			-		(134,043	)
Accumulated other comprehensive loss		(270	)		-		-			-			-			-			-		(270	)
Treasury stock, 53,000 shares at cost		-			-		-			-			-			-			-		-
Total Stockholders Equity		51,086			-		(54,744	)		3,961			(6,679	)		397			-		(5,979	)
		112,422			-		(0	)		350			-			-			-		112,772

 

In re: The Penn Traffic Company, et al	Case No.  09-14078 (PJW)
Debtors	Reporting Period: February 27, 2010

MOR 4

Status of Post Petition Taxes

		1/31/2010
		Period 12											02/27/10
		Beginning			Amount Withheld			Amount		Date	Check No.		Ending
		Tax Liability			or Accrued			Paid		Paid	or EFT		Tax Liability
	Federal
242300	Withholding		(214,499	)		(927,227	)		920,527					(221,199	)
										02/01/10		274043200426698
										02/03/10		274043400523506
										02/03/10		274043400091550
										02/08/10		274043900769094
										02/10/10		274044100496484
										02/10/10		274044100156291
										02/16/10		274044700146044
										02/18/10		274044900417036
										02/18/10		274044900691979
										02/22/10		274045300887783
										02/24/10		274045500231792
										02/24/10		274045500932057
242001	FICA -Employee		(181,074	)		(743,710	)		743,964					(180,820	)
										02/01/10		274043200426698
										02/03/10		274043400523506
										02/03/10		274043400091550
										02/08/10		274043900769094
										02/10/10		274044100496484
										02/10/10		274044100156291
										02/16/10		274044700146044
										02/18/10		274044900417036
										02/18/10		274044900691979
										02/22/10		274045300887783
										02/24/10		274045500231792
										02/24/10		274045500932057
242000	FICA -Employer		(368,330	)		(649,629	)		745,322					(272,637	)
										02/01/10		274043200426698
										02/03/10		274043400523506
										02/03/10		274043400091550
										02/08/10		274043900769094
										02/10/10		274044100496484
										02/10/10		274044100156291
										02/16/10		274044700146044
										02/18/10		274044900417036
										02/18/10		274044900691979
										02/22/10		274045300887783
										02/24/10		274045500231792
										02/24/10		274045500932057
	Totals		(763,903	)		(2,320,566	)		2,409,813					(674,656	)
242100	Unemployment		(114,031	)		(55,043	)		18,877					(150,197	)
										02/01/10		274043200168034
										02/01/10		274043200070790
										02/01/10		274043200472887
	Income
	Other
	Total Federal Taxes		(877,934	)		(2,375,609	)		2,428,691					(824,852	)

In re: The Penn Traffic Company, et al	Case No.  09-14078 (PJW)
Debtors	Reporting Period: February 27, 2010

MOR 4

Status of Post Petition Taxes

		1/31/2010
		Period 12											02/27/10
		Beginning			Amount Withheld			Amount		Date	Check No.		Ending
		Tax Liability			or Accrued			Paid		Paid	or EFT		Tax Liability
	State
242452	Withholding- PA		(36,464	)		(75,087	)		73,508	02/01/10		1300026859354		(38,043	)
										02/03/10		1300026971392
										02/03/10		1300026965947
										02/18/10		1300027121098
										02/18/10		1300027115601
242456	Withholding- VT		(591	)		(2,506	)		2,400					(697	)
										02/10/10		7442
										02/18/10		7467
										02/24/10		7479
242450	Withholding- NY		(71,740	)		(292,187	)		292,847					(71,080	)
										02/03/10	NY10WT001842575
										02/03/10	NY10WT001842589
										02/09/10	NY10WT001854769
										02/09/10	NY10WT001854755
										02/17/10	NY10WT001867596
										02/17/10	NY10WT001867604
										02/23/10	NY10WT001876629
										02/23/10	NY10WT001876642
	Total State Withholding		(108,795	)		(369,780	)		368,755					(109,820	)
	Local Taxes
242552	Local -EIT		(22,498	)		(22,426	)							(44,924	)
242900	Local -LST		(4,713	)		(3,914	)							(8,627	)
	Total Local Taxes		(27,211	)		(26,340	)		-					(53,551	)
	Sales
242650 + 242750	Sales - NY		(3,084	)		62			2,946	02/25/10	NY10ST00016929			(76	)
242652 + 242752	Sales - PA		(129,114	)		(1,932	)		129,114	02/22/10		1300027176787		(1,932	)
242651	Sales - OH		(188	)		(2,184	)							(2,372	)
242656 + 242756	Sales - VT		(8,321	)					8,321	02/23/10		1266848564918		(0	)
	Total Sales Tax		(140,707	)		(4,054	)		140,381					(4,381	)
	Excise
242250	Unemployment - NY		(220,290	)		(133,693	)		35,306					(318,677	)
										02/01/10		04920044366
										02/01/10		04920044350
242252	Unemployment - PA		(266,859	)		(147,814	)		40,273					(374,400	)
										02/01/10		1310699
										02/01/10		1310758
242256	Unemployment - VT		(2,918	)		(1,811	)							(4,729	)
242257	Unemployment - NH		(343	)		(846	)							(1,189	)
243100	Real property		(508,778	)		496,146								(12,632	)
243500	Tobacco		(87,656	)		159,496			1,912	02/19/10		264886		73,752
										02/23/10		000003
	Total Excise		(1,086,844	)		371,479			77,491					(637,875	)
	Other
242856	Meals and Room - VT		(1,169	)					1,169	02/23/10		1266856333203		(0	)
242857	Meals and Room - NH		(703	)					703	02/17/10		1004600274		0
243200	Mercantile Tax		(14,184	)										(14,184	)
	Total Other		(16,056	)		-			1,872					(14,184	)
	Total Taxes		(2,257,547	)		(2,404,305	)		3,017,189					(1,644,663	)

In re: The Penn Traffic Company et al	Case No. 09-14978 (PJW)
Debtors	Reporting Period: February 27, 2010

MOR 4b

SUMMARY OF UNPAID POSTPETITION DEBTS

			Number of Days Past Due
	Current		0-30		31-60		61-90		Over 90	Total
Accounts Payable		330,286									330,286
Wages Payable		1,953,012									1,953,012
Taxes Payable		1,644,665									1,644,665
Rent/Leases-Building								73,084			73,084
Rent/Leases-Equipment											0
Secured Debt/Adequate Protection Payments											0
Professional Fees		4,861,535									4,861,535
Amounts Due to Insiders											0
Other Accrued Liabilities		5,183,268									5,183,268
Other:__________________________											0
Total Postpetition Debts		13,972,766		0		0		73,084	0		14,045,850

 

In re	The Penn Traffic Company	Case N09 -14078 (PJW)
	Debtor	Reporting Per February 27, 2010
ACCOUNTS RECEIVABLE RECONCILIATION AND AGING
MOR 5a

Accounts Receivable Reconciliation	Amount
Total Accounts Receivable at the beginning of the reporting period	$	23,789,117
+ Amounts billed during the period (Aged)	$	6,368,219
- Amounts collected during the period (Aged)	$	6,737,828
- Amounts collected during the period (Not Aged)	$	6,155,155
+ Amounts billed during the period (Not Aged)
Total Accounts Receivable at the end of the reporting period	$	17,264,354
Accounts Receivable Aging	Amount
0 - 30 days old	$	976,678
31 - 90 days old	$	4,523,116
91 - 180 days old	$	2,682,807
181 - 365 days old	$	186,522
365 + days old	$	595,485
Subtotal Aged Accounts Receivable	$	8,964,608
Accounts Receivable Not Aged	$	10,468,593
Total Accounts Receivable	$	19,433,202
-Amount considered uncollectible (Bad Debt)	$	2,168,847
Accounts Receivable (Net)	$	17,264,354

DEBTOR QUESTIONNAIRE
Must be completed each month		Yes	No
1	Have any assets been sold or transferred outside the normal course of business
	this reporting period?  If yes, provide an explanation below.		X
2	Have any funds been disbursed from any account other than a debtor in possession
	account this reporting period?		X
3	Have all postpetition tax returns been timely filed?  If no, provide an explanation
	below.	X
4	Are workers compensation, general liability and other necessary insurance
	coverages in effect?  If no, provide an explanation below.	X
5	Has any bank account been opened during the reporting period?  If yes, provide
	documentation identifying the opened account(s).  If an investment account has been opened
	provide the required documentation pursuant to the Delaware Local Rule 4001-3.		X
	substantially all assets to Tops LLC.

In re	Pennway Express, Inc.	Case N09 -14080 (PJW)
	Debtor	Reporting Per February 27, 2010
ACCOUNTS RECEIVABLE RECONCILIATION AND AGING
MOR 5b

Accounts Receivable Reconciliation	Amount
Total Accounts Receivable at the beginning of the reporting period	$	487,385
+ Amounts billed during the period	$	43,387
- Amounts collected during the period	$	180,863
Total Accounts Receivable at the end of the reporting period	$	349,909
Accounts Receivable Aging	Amount
0 - 30 days old	$	68,895
31 - 90 days old	$	191,709
91 - 180 days old	$	7,303
181 - 365 days old	$	70,429
365 + days old	$	11,573
Subtotal Aged Accounts Receivable	$	349,909
Accounts Receivable Not Aged	$	-
Total Accounts Receivable	$	349,909
-Amount considered uncollectible (Bad Debt)
Accounts Receivable (Net)	$	349,909

DEBTOR QUESTIONNAIRE
Must be completed each month		Yes	No
1	Have any assets been sold or transferred outside the normal course of business
	this reporting period?  If yes, provide an explanation below.		X
2	Have any funds been disbursed from any account other than a debtor in possession
	account this reporting period?		X
3	Have all postpetition tax returns been timely filed?  If no, provide an explanation
	below.	X
4	Are workers compensation, general liability and other necessary insurance
	coverages in effect?  If no, provide an explanation below.	X
5	Has any bank account been opened during the reporting period?  If yes, provide
	documentation identifying the opened account(s).  If an investment account has been opened
	provide the required documentation pursuant to the Delaware Local Rule 4001-3.		X

In re	P.T. Fayetteville/Utica, LLC	Case N09 -14087 (PJW)
	Debtor	Reporting Per February 27, 2010
ACCOUNTS RECEIVABLE RECONCILIATION AND AGING
MOR 5c

Accounts Receivable Reconciliation	Amount
Total Accounts Receivable at the beginning of the reporting period	$	-
+ Amounts billed during the period
- Amounts collected during the period	$	-
Total Accounts Receivable at the end of the reporting period	$	-
Accounts Receivable Aging	Amount
0 - 30 days old
31 - 90 days old
91 - 180 days old
181 - 365 days old
365 + days old
Subtotal Aged Accounts Receivable	$	-
Accounts Receivable Not Aged
Total Accounts Receivable	$	-
Amount considered uncollectible (Bad Debt)
Accounts Receivable (Net)	$	-

DEBTOR QUESTIONNAIRE
Must be completed each month		Yes	No
1	Have any assets been sold or transferred outside the normal course of business
	this reporting period?  If yes, provide an explanation below.		X
2	Have any funds been disbursed from any account other than a debtor in possession
	account this reporting period?		X
3	Have all postpetition tax returns been timely filed?  If no, provide an explanation
	below.	X
4	Are workers compensation, general liability and other necessary insurance
	coverages in effect?  If no, provide an explanation below.	X
5	Has any bank account been opened during the reporting period?  If yes, provide
	documentation identifying the opened account(s).  If an investment account has been opened
	provide the required documentation pursuant to the Delaware Local Rule 4001-3.		X