Hostess Preparing for Bankruptcy

It was announced that Hostess Brand, Inc., the Irving, Texas based wholesale baker, was preparing for chapter 11 bankruptcy this week.  This is the Company’s second bankruptcy in the last two years.  The bankruptcy may allow the Company to reduce its debt and renegotiate its labor contracts. Hostess has been facing cash constraints, despite recent investments of $40 million […]

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Where Are the Bankruptcy Filings (Part II)?

The 4th quarter of 2011 was the quarter of massive bankruptcies. A variety of economic pressures, such as decreased demand, the impact of rising commodity prices, and concern over the Euro zone contagion, became too much for even some of the biggest American companies to survive. On October 31st, MF Global led the onslaught of […]

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