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Published on 2/26/2008 in the Prospect News Distressed Debt Daily.

Interstate Bakeries hearing on management incentive continued to March 12

By Jennifer Lanning Drey

Portland, Ore. Feb. 26 - Interstate Bakeries Corp.'s hearing for approval of its $6 million management incentive package for 2008 began Tuesday and was continued to March 12, according to a Tuesday filing with the U.S. Bankruptcy Court for the District of Missouri.

Interstate Bakeries, 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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