January 17, 2008: by Jennifer Mann, for the Kansas City Star: Interstate Bakeries Corp. said it didn’t receive any offers for the company by Tuesday’s deadline, but that doesn’t bar other parties from proposing plans to rescue the bankrupt baking company.
Interstate had solicited alternative offers to its own proposed plan of reorganization and set a Jan. 15 deadline for those to be filed. But the company acknowledged Tuesday that because its “exclusive right” to file a reorganization plan expired last week, other investors now have an open avenue to make proposal.
Kansas City Star: No Bids Yet as IBC Passes Deadline
Do you like this post?
Recent News
Webinar: Getting the Goods to Win Your UPS Grievance
February 03, 2025
In this webinar, you'll learn proven strategies to win grievances at UPS, and how to deal with retaliation from management. Review how to document your case to win a good settlement and be prepared if the case goes to panel. Register for the webinar on Sunday, March 16 at 12 PM ET / 11 AM CT / 10 AM MT / 9 AM PT.
Resources: Hunting Season and Your Rights at UPS
February 02, 2025
Peak season is over. But a new year brings new problems: Surepost chaos, production harassment, and petty discipline. Teamster members joined our webinar to learn tried and true strategies to protect yourself and fight discipline. Watch it here, then scroll for resources.