Beyond Bankruptcy

This week on The Broke and the Beautiful, celebs seem to be spending the holiday season away from bankruptcy, but we’ve got a few snippets for you. An anthropomorphized Ding Dong talks about Hostess on “Saturday Night Live,” and Toni Braxton has had some more troubles.

K-V Pharmaceutical Co. , which filed for bankruptcy this summer after running afoul of government regulators, has lined up a trio of investment firms to pay off a rival drug maker and to fund its exit from Chapter 11. Read the Daily Bankruptcy Review article here.

The union that brought the 85-year-old baker of Twinkies and Wonder Bread to its knees is holding out hope that a buyer will salvage chunks of the company and send the union’s members back to wor

This week on The Broke and the Beautiful, Toni Braxton’s estranged husband is in trouble, and musician Cat Power might need to cancel her tour. Also this week, the Dan Marino Foundation won’t have to pay the bankruptcy trustee of Scott Rothstein’s law firm.

First Place financial Corp. has filed for bankruptcy protection and is selling the stock of subsidiary First Place Bank, the Youngstown Vindicator reports.