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Judge orders Hostess to mediate with union

By The Associated Press

This article was originally published November 19, 2012 at 2:19 p.m. Updated November 19, 2012 at 6:02 p.m.

Court's order preserves Hostess for now

Hostess Brands and its second-largest union have agreed to go into mediation to resolve their differences. Hoarders, meanwhile are hawking cakes on eBay. (By The Associated Press)
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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.

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Displaying 1 - 3 of 3 total comments

TimberTopper says... November 20, 2012 at 4:58 a.m.

It seems that Hostess Brands was going to bypass this step, and had ask that the high executives be paid a big bonus going thru the bankruptcy. The judge ordered the mediation.

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rainbowharold55 says... November 20, 2012 at 7:29 a.m.

Corporate greed in its most blatant display. Oh, yeah, and blame the workers!

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HalALouyah says... November 20, 2012 at 9:31 a.m.

I'm sure there will be a great plan in place for a company that has filed bankruptcy twice and has not changed with the times. They will be bankrupt again in 3-4 years unless someone buys them and changes their business plan

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