US Trustee Slams $5M Pay Package For Hostess CEO

By Steven Melendez · February 22, 2012, 9:29 PM EST

A U.S. trustee slammed a bid by bankrupt confectioner Hostess Brands Inc. to authorize more than $5 million in potential payments to its CEO, saying Wednesday that the payments appear to...

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Case Information

Case Title

Old HB, Inc. (f/k/a Hostess Brands, Inc.), et al.

Case Number

7:12-bk-22052

Court

New York Southern

Nature of Suit

Date Filed

January 11, 2012