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Entries tagged "Judge Robert D. Drain"

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Reader's Digest parent returns to Ch. 11

Almost three years after exiting bankruptcy, publishing company RDA Holding files a prenegotiated petition this time around that will rely on a debt-for-equity swap. Continue reading

Posted on February 19, 2013 1:11 PM




Hostess turns auction attention to cake business

The bankrupt baked-goods company hopes to land a stalking horse for its snacks operations now that it has one for its national bread brands, a bid process for which there are more details. Continue reading

Posted on January 15, 2013 1:24 PM




Flowers unit bids for Wonder bread

The second-largest maker of bakery goods in the U.S. makes a $390 million stalking-horse offer for the national bread operations of bankrupt Hostess Brands. Continue reading

Posted on January 14, 2013 1:35 PM




As strike continues, Hostess decides to liquidate

The bankrupt maker of Wonder bread and Twinkies will now look to sell those and other iconic brands as one of its largest unions fails to heed the company's warning to end their work stoppage. Continue reading

Posted on November 16, 2012 11:05 AM




Teamsters OK CBA, save Hostess from liquidation

The union narrowly passes a new labor pact, but now the bankrupt maker of Twinkies must get a court to enforce a modified contract that the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union rejected. Continue reading

Posted on September 17, 2012 2:00 PM




A&P confirmation pushed again

The grocery store operator works to finalize its $750 million in exit financing Continue reading

Posted on February 14, 2012 1:17 PM




PE-backed Hostess Brands returns to Ch. 11

The Twinkies maker, which exited bankruptcy in 2009, is felled again by labor and benefits costs Continue reading

Posted on January 11, 2012 2:07 PM






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