A US bankruptcy judge has prevented the liquidation of Hostess Brands for the moment, suggesting a mediation process between the company and its Bakers Union. Both sides have agreed to the mediation. Hostess went to Judge Robert Drain to, get this, receive permission to pay out executive bonuses to top officials in the company, even [...]
Hostess, Baker’s Union Agree to Mediation, Avoiding Shutdown for Now |
| By: David Dayen Monday November 19, 2012 12:18 pm |



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