October 11, 2012
Hostess Brands Inc. on Thursday filed a Chapter 11 bankruptcy plan in New York that targets a January exit from bankruptcy, would leave major equity holders and unsecured creditors with zero recovery, and would cut workers' pay.
October 03, 2012
Hostess Brands Inc. saw a break Wednesday when a New York federal judge approved a new collective bargaining agreement it offered its bakers union that includes an 8 percent wage concession along with other cuts to employees.
September 20, 2012
Hostess Brands Inc. asked a New York bankruptcy judge on Thursday to let it reject its collective bargaining agreement with one of its largest unions and impose a controversial new deal following the union's Sept. 14 vote to reject the earlier one.
September 17, 2012
Bankrupt Hostess Brands Inc. said Friday it would ask a New York federal judge to enforce a controversial new collective bargaining agreement after one of the Twinkie-maker's largest unions rejected the deal.
August 20, 2012
Hostess Brands Inc. on Monday announced a breakthrough deal with its largest union, which will put to its members a vote on a new collective bargaining agreement that would help the Twinkie maker lower its operating costs through labor concessions.
May 24, 2012
ACE American Insurance Co. demanded changes Thursday to Hostess Brands Inc.'s plan to handle tort claims outside of court, saying the bankrupt Twinkie maker's alternative dispute resolution process needs to comport with its insurance policies.
May 15, 2012
In a victory for the Teamsters union in its battle with Hostess Brands Inc., the New York judge in charge of the company's bankruptcy proceedings ruled Monday that Hostess cannot shed its collective bargaining agreements with the union.
May 10, 2012
The Pension Benefit Guaranty Corporation on Wednesday weighed in on the Teamsters union's proposal for an agreement with Hostess Brands Inc. in New York bankruptcy court, saying the proposed deal's pension provisions are permissible as long as they comply with labor laws.
May 04, 2012
A New York bankruptcy judge on Friday granted Hostess Brands Inc.'s request for permission to abandon some of its collective bargaining agreements with the Bakery Workers union following months of tense negotiations between the company and its workforce.
April 20, 2012
Bankrupt Hostess Brands Inc. and its workers' unions on Thursday agreed to delay until May 1 a ruling on Hostess' bid to shed collective bargaining agreements, with a New York bankruptcy judge urging the rivals to resolve their differences for the sake of the company.