New Cases

McKee Foods Corp.

Flowers Foods Inc.  is set to kick off bidding for most of Hostess Brands Inc.’s bread business, offering a total of up to $390 million for brands and other assets including Wonder Bread and Nature’

Could a restaurant chain that has more than 1,400 employees and hundreds of creditors hide its bankruptcy from them?

Twelve days into the bankruptcy reorganization cases of Fiesta Holdings Inc. and Eateries Inc.—two companies that “operate a chain of restaurants in 20 states across the nation,” according to court filings—those companies have yet to reveal the names of their restaurants in hundreds of papers they have filed to the U.S. Bankruptcy Court in Oklahoma City.

Wall Street bond insurers say Stockton, Calif., leaders overlooked cost-cutting measures and failed to raise taxes before putting it under bankruptcy protection. Read the Daily Bankruptcy Review article here.

American Airlines parent AMR Corp. wants permission to control its own Chapter 11 case until March without the threat of rival proposals.