Rouses, Associated Grocers Reach Settlement

BATON ROUGE (AP) — Thibodaux retail grocery chain Rouses Enterprises and Baton Rouge-based wholesale grocery supplier Associated Grocers have reached an undisclosed settlement in a legal dispute.

         The New Orleans Advocate reports James Swanson, a New Orleans lawyer for Rouses, would not discuss terms of the settlement. However, the chain's managing partner, Donny Rouse, in a statement Monday, said the Rouse family is "very satisfied with this resolution."

         The issue is whether Rouses Enterprises was ousted improperly from membership in Associated Grocers in 2008 and whether it was compensated fairly for an ownership interest in the grocery distribution company. In addition to more than $900,000 in alleged damages, Rouses had sought return of its wholesale membership.

         Additional coverage
Categories: Today’s Business News