More than 18,000 workers are set to lose their jobs because of Hostess halting operations due to a union strike, but a bankruptcy judge/possible huge Twinkie lover wants the two sides to mediate before shutting down for good:
Hostess had requested Judge Robert Drain of the U.S. Bankruptcy Court in White Plains, N.Y., who is overseeing the company’s bankruptcy, to be able to liquidate its assets after a dispute with the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union (BCTGM).
But the judge was not ready to move forward with the liquidation yet.
“Many people, myself included, have serious questions as to the logic behind this strike,” said Drain. “Not to have gone through that step leaves a huge question mark in this case.”
If mediation on Tuesday afternoon is not successful, Hostess will likely request to move forward with the liquidation on Wednesday.
If the mediation doesn’t go anywhere, union workers are hoping that a new buyer comes along and re-hires them. Because nothing’s more attractive to a potential owner than knowing they’ll have a shot at employing the same people who helped put the previous owner out of business.