Kensington, MD, January 30, 2013 – In Response to the Announcement of Stalking Horse Bidder Apollo Global Management LLC and C. Dean Metropoulos & Co. for the Majority of Snack Cake Businesses in the Hostess Liquidation, BCTGM International President David B. Durkee Issued the Following Statement on Behalf of all BCTGM Members: “We share these [...]
Read MoreKensington, MD, January 25, 2012 – In Response to the Recently-Concluded Court Hearing to Approve Stalking Horse Bidding Procedures for the Bread Business in the Hostess Bankruptcy, BCTGM International President David B. Durkee Issued the Following Statement on Behalf of all BCTGM Members: “Today’s hearing on the stalking horse auction procedures for key bread assets [...]
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BCTGM Local 218 member Mike Hummell, a Hostess/Wonder worker for 14 years, helps to tell the story of the Hostess bankruptcy through the eyes of dedicated Kansas bakers. “You’ve heard the Mainstream Media read you the Hostess PR sheet, now hear the truth from the mouths of the people who had their pension stolen. As [...]
Read MorePRESS RELEASE/January 19, 2013 –The Bakery, Confectionery Union and Industry International Pension Fund (Bakers Fund) announced today that it has engaged the prominent New York distressed investment banking firm, Gordian Group, LLC, in connection with Hostess Brands’ chapter 11 cases currently pending in the Bankruptcy Court for the Southern District of New York. “We are [...]
Read MoreBCTGM International President Frank Hurt, who served as president of the International Union since October 1, 1992, retired effective January 1, 2013. To serve Hurt’s unexpired term through the next constitutional convention in 2014, the BCTGM General Executive Board (GEB) unanimously approved Hurt’s nomination of David B. Durkee as International President. The GEB further approved [...]
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