January 2009
KBT&F Retained by Interstate Bakeries Corp. to Facilitate Exit from Chapter 11 Bankruptcy
David M. Friedman,
Aaron H. Marks
KBT&F has been retained by Interstate Bakeries Corp. (“IBC”) as special litigation counsel in order to help enforce commitments to provide exit financing for IBC to emerge from Chapter 11 bankruptcy. In September 2008, IBC, the largest wholesale baker and distributor of baked goods in the
United States , secured commitments from certain lending institutions to provide $600 million to finance the company post-bankruptcy. Certain lenders are now balking on closing the transaction. KBT&F attorneys David Friedman and
Aaron Marks are representing IBC in this matter.