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Published on 3/8/2007 in the Prospect News Distressed Debt Daily.

Schultze buys $3.76 million in claims against Interstate

New York, March 8 - Schultze Master Fund, Ltd. bought $3.76 million of claims against Interstate Bakeries Corp., according to Thursday filings with the U.S. Bankruptcy Court for the Western District of Missouri.

From Restoration Holdings Ltd., Schultze bought $2.00 million in a partial transfer of a claim while the fund bought a $1.76 million claim from Longacre Master Fund, Ltd.

Interstate, a Kansas City, Mo., bakery operator, filed for bankruptcy on Sept. 22, 2004. Its Chapter 11 case number is 04-45814.


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