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Hostess Unions Object To Asset Sale, Say Terms Violated, Jobs Not Preserved

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NEW YORK - Two unions filed a brief in the U.S. Bankruptcy Court for the Southern District of New York on March 12 objecting to the sale of certain assets by bankrupt Hostess Brands Inc. on grounds that the company violated its own terms in the sale and the purchasers have not agreed to preserve the jobs of union members (In Re: Hostess Brands Inc., No. 12-22052, Chapter 11, S.D. N.Y. Bkcy.)....(read more)

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