Hostess Brands, a producer of bakery products in the US, has received clearance from the US Bankruptcy Court in New York to shut down the business and sell its assets. US Bankruptcy Judge Robert Drain authorized the liquidation process ...
Tags: Hostess Brands, Bankruptcy, BCTGM, 18500 employees
Hostess Brands has said last-ditch talks with union officials to try to resolve the dispute that has threatened the existence of the US baker have been"unsuccessful". The company,which owns brands including Twinkies,was set to ask for ...
Tags: union officials, dispute, Hostess Brands, strike
Kodak plans patent auction amid Apple row 14 Jun 2012 Apple opposes Kodak's plan to auction off more than 1000 patents relating to digital image capture,transmission and processing. Kodak cameras Bankrupt imaging giant Eastman Kodak is ...
Tags: Kodak, Apple, Patent, digital imaging, bankruptcy
Investors burned as Konarka enters liquidation 07 Jun 2012 Organic PV company demonstrates that$200?million and a Nobel prize are no guarantee of commercial success. Roll-to-roll production Konarka Technologies,the heavily financed ...
Tags: Konarka, enter liquidation, Organic PV company, the US Bankruptcy Court