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Hot Dog on a Stick Exits Chapter 11
Following the closing of the sale of substantially all of its assets pursuant to section 363 of the Bankruptcy Code, HDOS Enterprises (dba Hot Dog on a Stick) exited chapter 11 on October 09, 2014. Pursuant to its chapter 11 plan, HDOS promptly paid all unsecured creditors in full with statutory interest. As counsel to the committee of unsecured creditors in the case, Pachulski Stang Ziehl & Jones LLP negotiated the terms of the 100%-plus-interest plan and expertly guided the chapter 11 estate during critical moments of a tumultuous sale process. PSZJ is proud of its role in both achieving a full recovery for unsecured claimants as well as preserving the company’s operations and job base in this challenging environment for retailers and their creditors.