Global Aviation Holdings Inc., which says it is the largest commercial provider of airlift transport services for the U.S. military, filed for Chapter 11 bankruptcy protection Sunday. Read the Daily Bankruptcy Review article here.
A judge Thursday cleared Hostess Brands Inc. to borrow the entirety of its $75 million bankruptcy loan, siding with the maker of Twinkies and Wonder Bread over protests from unsecured creditors who warned the financing deal would drive the company toward “extinction.” Read the Daily Bankruptcy Review article here.
