Sterling Investment Partners of Westport is the majority stakeholder of Fairway Group Holdings. "We believe that implementing this prepackaged plan is the best opportunity for Fairway to restructure its balance sheet on an expedited basis, strengthen its operations, retain jobs and create long-term value, while continuing to provide customers with the best food experience in the greater New York area," said Murphy in a May 2 Â public statement. Under the restructuring plan, holders of general unsecured claims, including suppliers, employees, unions and all other trade creditors will receive payment in full and collective bargaining agreements with union entities will remain "in full force and effect."