Twinkies not dead yet; Judge orders Hostess to mediate with bakery's union
Twinkies are manfactured by Hostess Brands in the United States.
Photographer: Creative Commons 2.0 / Christian Cable
© 2012 Christian Cable
Posted: 11/19/2012
Twinkies won't die that easily after all.
Hostess Brands Inc. and its second largest union will go into mediation to try and resolve their differences, meaning the Irving, Texas-based company won't go out of business just yet. The news came Monday after Hostess moved to liquidate and sell off its assets in bankruptcy court citing a crippling strike last week.
The bankruptcy judge hearing the case says that the parties haven't gone through the critical step of mediation and asked the lawyer for the bakery's union to ask his client, who wasn't present, if he would agree to participate.
The case is being heard by the U.S. Bankruptcy Court in the Southern District of New York in White Plains, N.Y.
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
PRINT
Top Money Headlines
-
Rogue locksmiths reigned in
Hillsborough County Commissioners today took the next step toward regulating an industry investigators say is shot through with fraud. The move follows an ongoing I Team investigation.
-
Men's Wearhouse founder Zimmer ousted
-
Which lawn mower is a best buy?
-
Former local teacher is 'Chief Coconut'
-
Power surge fee doesn't cover all
-
Consumer Alert: Chrysler to recall Jeeps
