January 02, 2013
A New York bankruptcy judge denied a motion to compel arbitration of a dispute surrounding Hostess Brands Inc.'s bid to dip into cash collateral related to a workers' compensation and auto insurance program, according to an order filed Wednesday.
December 14, 2012
Hostess Brands Inc.'s bakers union, whose weeklong strike in November prompted the Twinkies maker's decision to begin winding down its operations, said Friday it would appeal a New York bankruptcy judge's order approving that plan.
December 11, 2012
Hostess Brands Inc. asked a New York bankruptcy judge on Friday to extend by four months the period during which it alone can file a Chapter 11 plan, saying its decision to liquidate has fundamentally changed the case since its last request.
December 10, 2012
Hostess Brands Inc. reportedly said over the weekend that it used employee wages earmarked for pension plans to fund its prebankruptcy operations, a revelation that could be a problem for the company and its former executives, depending on the magnitude and time frame of the diversions, experts said.
December 07, 2012
ACE American Insurance Co. and ESIS Inc. on Friday urged the New York bankruptcy court overseeing Hostess Brands Inc.'s Chapter 11 proceedings to compel arbitration for Hostess' bid to dip into cash collateral related to a workers' compensation and auto insurance program.
November 29, 2012
A New York bankruptcy judge on Thursday gave Hostess Brands Inc. the final go-ahead to wind down its business and sell off its assets and brands, overruling objections lodged by a company union and pension fund.
November 26, 2012
An Arkansas company on Monday asked the New York judge overseeing the Hostess Brands Inc. bankruptcy for a delay in the proceedings, becoming the latest company to announce its intention to purchase the fallen snack icon.
November 26, 2012
A former Hostess Brands Inc. employee filed a putative class action in New York bankruptcy court Wednesday accusing his onetime employer of terminating workers without cause and without the 60 days' advance notice required by the Worker Adjustment and Retraining Notification Act.
November 19, 2012
Hostess Brands Inc.'s fate remained uncertain Monday after a New York bankruptcy judge adjourned a hearing on its request to liquidate until Wednesday, urging the Twinkie maker and its bakers union to mediate differences that prompted the debtor to relinquish its reorganization bid as competitors eye its iconic brands.
October 25, 2012
Two employee pension funds on Wednesday rebuffed a proposed settlement agreement spurred by Hostess Brands Inc.'s Chapter 11 reorganization, telling a New York bankruptcy court that the deal attempts to waive key claims that the funds maintain they won't surrender.