Just when you thought they were out, the judge pulled them back in! Late last week, Hostess Brands, Inc. declared its intention to shutter its factories and sell off its assets after negotiations with the union failed and a strike "crippled" the company. The announcement set off a panic for Twinkie-lovers and heartache for hundreds of local workers, who were set to be laid off from their jobs with the struggling snack maker.
Two days after the doors to the factory were closed, and every retailer in America sold out of Twinkies, HoHos, and Ding Dongs, hope emerged in the form of ordered mediation, reports Reuters. Judge Robert Drain, who is overseeing the bankruptcy proceedings, questioned why the mediation had not yet occurred and asked the parties whether it might help.