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View Diary: Hostess Brands Death Watch. (48 comments)

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  •  I followed your link (1+ / 0-)
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    G2geek

    I found that 175 Valley Street, LLC has a bankruptcy hearing scheduled.  This LLC (limited liability corporation) has filed for Chapter 11 in the New York Southern Bankruptcy Court.

    Hostess and International Brands are incorporated in Delaware, and the Delaware bankruptcy court would have jurisdiction over any bankruptcy.

    What is the connection between 175 Valley Street, LLC and Hostess and/or International Brands?

    I hope we shall crush in its birth the aristocracy of our monied corporations which dare already to challenge our government to a trial by strength, and bid defiance to the laws of our country. -- Thomas Jefferson

    by nilajean on Wed Nov 14, 2012 at 07:14:34 PM PST

    •  I'm sorry (0+ / 0-)

      I typed International Brands and I knew better.  It's Interstate Bakeries.

      I hope we shall crush in its birth the aristocracy of our monied corporations which dare already to challenge our government to a trial by strength, and bid defiance to the laws of our country. -- Thomas Jefferson

      by nilajean on Wed Nov 14, 2012 at 07:24:54 PM PST

      [ Parent ]

    •  Click on the judge's schedule for monday... (0+ / 0-)

      Lists a hearing for Hostess wind down at 2 pm.

      •  Found this (0+ / 0-)
        Hostess Brands Inc. filed for Chapter 11 bankruptcy protection Wednesday to confront burdensome debt and labor costs that the Twinkies and Wonder Bread baker says have left it fighting to compete.
        from the November 12, 2012 Wall Street Journal site.

        I hope we shall crush in its birth the aristocracy of our monied corporations which dare already to challenge our government to a trial by strength, and bid defiance to the laws of our country. -- Thomas Jefferson

        by nilajean on Wed Nov 14, 2012 at 08:54:09 PM PST

        [ Parent ]

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