Description: U.S. Bankruptcy Judge Robert Drain will serve as a mediator in the labor negotiations between Hostess and unions.
Source: CNNMoney.com – video report
Date: Nov 20, 2012
Link: http://money.cnn.com/video/news/2012/11/20/n-hostess-twinkie-bankruptcy-court.cnnmoney/
Questions for Discussions:
- What are the implications for management, the unions, and the workers if the firm is declared bankrupt?
- What is the “best” legal conclusion for each of the three groups?
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