Bankruptcy

Bankruptcy list (Pittsburgh Live)
Filed in U.S. Bankruptcy Court, Pittsburgh:

Delta Asks Bankruptcy Judge to Impose Deep Pay Cuts (RedNova)
By Russell Grantham, The Atlanta Journal-Constitution Nov. 2–Delta Air Lines has asked its bankruptcy judge to impose deep pay cuts, following seven weeks of talks that didn’t yield a deal for the $325 million in annual concessions the airline says are crucial to its revival.

Interstate Bakeries Reports Smallest Monthly Sales Since Bankruptcy (WIBW-TV Topeka)
Twinkie maker Interstate Bakeries reports the lowest level of monthly sales since it filed last year for bankruptcy protection. The Kansas City-based company said it took in $239 million in revenue in September, slightly less than the August level.

NYRA hires bankruptcy law firm (Capital News 9)
The New York Racing Association has hired a top bankruptcy law firm in case it can’t raise the $20 million it needs to stay afloat. NYRA Co-Chairman Peter Karches said the organization hired Weil, Gotshal and Manges, which was named the U.S. bankruptcy law firm of the year for 2004.

Interstate Bakeries reports smallest sales since bankruptcy (Kansas City Star)
KANSAS CITY, Mo. – Interstate Bakeries Corp., the maker of Hostess Twinkies and Wonder Bread, reported its lowest level of monthly sales since it filed for bankruptcy protection last year.

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