Hostess Can Auction Remaining Assets, Judge Says

Law360, New York (July 22, 2013, 5:27 PM EDT) -- The company formerly known as Hostess Brands Inc. won approval from a New York bankruptcy judge Friday to unload at auction the remainder of its assets, including tens of millions of dollars worth of real estate, machinery and trucks.

U.S. Bankruptcy Judge Robert D. Drain signed off on the defunct wholesale baker’s plan to hold an auction Aug. 16 for the scraps left over after Hostess sold off the last of its major assets in April.

The judge also cleared the way for Hackman Capital Acquisition...
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