Landlords, creditors, competitor object to proposed sales of Lucky’s Market stores

NIWOT —  In a series of court filings Wednesday, a group of Lucky’s Markets landlords, creditors and even one competing grocery-store chain objected to the bankrupt Niwot-based firm’s plan to sell off leases to store locations across the country. 

The issue at the center of many of these complaints is Lucky’s plan to employ stalking-horse bidding procedures in an effort to offload underperforming stores to grocery chains such as Aldi and Publix. 

The stalking horse serves as a sort of backstop to ensure that excessively low bids are not submitted. If other bids are…