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November 29, 2012
Curtis Representation of Hostess Creditors' Committee Covered by AmLaw Daily


Curtis Restructuring and Insolvency group co-chair Steven Reisman was mentioned in The AmLaw Daily in connection with Curtis' role as conflicts counsel to the Official Committee of Unsecured Creditors in the Hostess Brands Inc. chapter 11 cases. Hostess Brands Inc. and its affiliated debtors are one of the largest wholesale bakers and distributors of bread and snack cakes in the United States. Among the brand's most popular products are favorites such as Wonder Bread, Drake's Cakes and, of course, Twinkies and Cupcakes.

Curtis took the lead on conducting an investigation on the Committee's behalf into the Debtors' potential claims and causes of action against certain of its creditors. This investigation was a key component of a pending settlement, which if approved, will provide consideration for the Debtors' unsecured creditors. On Wednesday November 21st Hostess obtained preliminary approval of its plan to liquidate all of its assets and wind up its business operations and a hearing to consider final approval of this wind down plan is scheduled for November 29th.

The Curtis team, led by Partner Steven Reisman, also included Partners Theresa Foudy and Michael Cohen, and associates James Zimmer and Jeffrey Berman.

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