Petitioners-appellants are retail grocers with grocery beer licenses who, being unable to discharge financial obligations to their suppliers, were placed by respondent on the retail license delinquent list (Alcoholic Beverage Control Law, § 101-aa). A large chain store purchased the stock of petitioners and entered into a common-law composition with their creditors in lieu of bankruptcy proceedings. The debt owed by the suppliers of alcoholic beverages amounts only to...
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