Bankruptcy

Recent Posts

Twinkie Maker Hostess Seeks Liquidation as Deal with Unions Breaks Down
Posted on 16 Nov 2012 by James Cordrey

NEW YORK - (Mealey's) Twinkie maker Hostess Brands Inc., which had been proceeding with a bankruptcy reorganization plan, moved in the U.S. Bankruptcy Court for the Southern District of New York on Nov. 16 for authorization to convert its proceeding... Read More

Tags: Chapter 7 , Corporate Reorganizations , liquidation , Hostess Brands , Chapter 11

Choosing Between Chapter 7 and Chapter 11 as a Vehicle for Sale of Debtor's Assets
Posted on 9 Dec 2011 by Robert J. Keach

Excerpt: A sale of substantially all of the debtor's assets can be accomplished in either chapter 7 or chapter 11. This article examines the statutory restrictions, as well as the practical considerations, which drive the choice of whether chapter... Read More

Tags: Chapter 7 , Chapter 11 , sale of debtor's assets