News Radio 710 KEEL » Bankruptcy

Judge Says Hostess Must Mediate with Union

Associated Press — Mon, 19 Nov 2012 20:35:47 +0000

Twinkies won't die that easily after all.

Hostess Brands Inc. and its second largest union will go into mediation to try and resolve their differences, meaning the Irving, Texas-based company won't go out of business just yet. The news came Monday after Hostess moved to liquidate and sell off its assets in bankruptcy court citing a crippling strike last week.

California City Will Be the Largest to Ever Declare Bankruptcy

Shauna Wright — Wed, 27 Jun 2012 18:00:25 +0000

California has certainly had its share of financial woes, and now the city of Stockton, about 80 miles east of San Francisco, is set to become the largest American municipality to declare bankruptcy.

Many Americans Expected to Be Too Broke to File for Bankruptcy — Dollars and Sense

Danny Gallagher — Tue, 08 May 2012 14:08:18 +0000

Some major companies and corporations such as MF Global and AMR, the parent company of American Airlines, have filed for bankruptcy.

In the process, they may have, directly or not, caused some people to go bankrupt.