Bankruptcy Alert: Hostess Brands, Inc. Files For Chapter 11

• Debtor Name:  Hostess Brands, Inc. (Second Filing)
• Year Filed:  2012
• Jurisdiction:  United States Bankruptcy Court / Southern District of New York
• Asset Size:  500,000,001 to 1 Billion
• Case Number:  12-22052
• Industry:  Wholesale Food Baker and Distributor

Filed: 1/11/2012          Judge:  Drain        Website

Address: Irving, Texas     TAX ID:  43-1470322    Privately Held     19,000 Employees (83% unionized)

Assets: $1 billion (fiscal year ending 5/28/2011)  Liabilities:  $1.4 billion (fiscal year ending 5/28/2011)

Sales:  $2.5 billion (fiscal year ending 5/28/2011)     P/L:  $341 million (fiscal year ending 5/28/2011)

Largest Creditor:  Bakery & Confectionery Union & Industry International Pension Fund ($944.2 million)

Reasons cited for filing:  High legacy costs; inflexible labor work rules & structures; unsustainable debt levels.

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Bankruptcy Alert: FX4, L.L.C. Files For Chapter 11

• Debtor Name:  FX4, L.L.C.
• Year Filed:  2011
• Jurisdiction:  United States Bankruptcy Court / District of Arizona
• Asset Size:  Less than 10,000,000
• Case Number:  11-33622
• Industry:  Restaurant, Food & Beverage

The Debtor is a Scottsdale, AZ-based Arby's franchisee with numerous locations in the Southwest.

FX4A, L.L.C. and  FX4B, L.L.C. fled simultaneous petitions.

 

Food/Beverage Chapter 11 Alert: Friendly Ice Cream Corporation Files For Chapter 11

• Debtor Name:  Friendly Ice Cream Corporation
• Year Filed:  2011
• Jurisdiction:  United States Bankruptcy Court / District of Delaware
• Asset Size:  100,000,001 to 500,000,000
• Case Number:  11-13167
• Industry:  Restaurant, Food & Beverage

Sign up for our case notification service today!  Contact Ken at ktroubh@nationwideresearch.com for details.

• Establish Chapter 11 business leads fast
• Locate Investment Opportunities
• Determine if your Company is on the Unsecured Creditors List
• Protect your Company by learning about vendor and client Chapter 11 filings
• Monitor competitor involvement in Chapter 11 cases
• Save firm time and money on PACER costs
• Mobile-friendly version

 

Chapter 11 Notification gives your Company all these benefits at one low price. 

Subscribe to the Food/Beverage Chapter 11 Monitor Now!

• Establish food/beverage Chapter 11 business leads fast
• Locate Investment Opportunities
• Determine if your Company is on the Unsecured Creditors List
• Protect your Company by learning about vendor and client Chapter 11 filings
• Monitor competitor involvement in Chapter 11 cases
• Save firm time and money on PACER costs
• Mobile-friendly version
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