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Professor Klee Comments on Liquidation of Hostess in NBC Article
November 16, 2012 -- Professor Kenneth Klee commented on the liquidation of Hostess in an NBC article.
The liquidation means that Hostess is beyond the point of pretending that it can continue as a viable business -- not even if it is sold intact to pay off creditors, a process that the automakers Chrysler and GM once endured, said Kenneth Klee, one of the nation's top bankruptcy attorneys and a professor at UCLA School of Law.
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