/dev/null Posted November 20, 2012 Posted November 20, 2012 Name me one job created, maintained and paid for by a union. Union President Lobbyist
Doc Posted November 20, 2012 Posted November 20, 2012 So, the unions will be tossed aside. Ain't that great? It would have been better for the company to be bought and had all their union contracts blown-out. Now they're possibly going to mediate and still have most of the same problems.
3rdnlng Posted November 20, 2012 Author Posted November 20, 2012 It would have been better for the company to be bought and had all their union contracts blown-out. Now they're possibly going to mediate and still have most of the same problems. The union contracts can't be voided with a buyout that isn't part of a bankruptcy.
Doc Posted November 20, 2012 Posted November 20, 2012 The union contracts can't be voided with a buyout that isn't part of a bankruptcy. Yep, meant after bankruptcy.
meazza Posted November 20, 2012 Posted November 20, 2012 It might not cost jobs... The activist judge denied the motion FOR NOW... Will mediate the contract personally. http://www.theolympi...ve-hostess.html "The judge overseeing Hostess Brands declined to approve the company's liquidation Monday and asked management and the bakers union to enter mediation today to explain the strike that the maker of Twinkies and Wonder Bread said forced it to shut down ..." How do you conservatives feel about that? LoL... I am just poking the hornet's nest... But really, there is going to be a mediation session. Anway... The bakers and the guys in the trades will find a job... Companies have been circling to buy the facilites and brand on the cheap... And who gets !@#$ed in this situation?
TakeYouToTasker Posted November 20, 2012 Posted November 20, 2012 (edited) Words are important, people. This is court petitioned mediation, not court mandated arbitration. Neither side wanted to meet on the issue before, and I very much doubt this will have any effect because neither party wants to be there and it's non-binding. This will have impact on neither the short nor long term trajectory of the Hostess company. Edited November 20, 2012 by TakeYouToTasker
GG Posted November 20, 2012 Posted November 20, 2012 Words are important, people. This is court petitioned mediation, not court mandated arbitration. Neither side wanted to meet on the issue before, and I very much doubt this will have any effect because neither party wants to be there and it's non-binding. This will have impact on neither the short nor long term trajectory of the Hostess company. I'm not sure I follow. In a bankruptcy case, the judge is the ultimate decider. So if they reach an agreement during mediation, it will most certainly be binding because the judge will approve the motions based on the agreement. The liquidation is also not a fait accompli, as the judge needs to rule on Hostess' motion to switch from Chapter 11 to Chapter 7, which is also not a given as other suitors have emerged.
B-Man Posted November 20, 2012 Posted November 20, 2012 Unions vs. Democratic Mayors: The longstanding love affair between Democrats and organized labor is on the rocks..
ExiledInIllinois Posted November 20, 2012 Posted November 20, 2012 So, the unions will be tossed aside. Ain't that great? Where did it say that?
3rdnlng Posted November 20, 2012 Author Posted November 20, 2012 (edited) Where did it say that? What do you think is the cause of Hostess's financial difficulties? Edited November 20, 2012 by 3rdnlng
ExiledInIllinois Posted November 20, 2012 Posted November 20, 2012 What do you think is the cause of Hostess's financial difficulties. Little Debbie.
outsidethebox Posted November 20, 2012 Posted November 20, 2012 Little Debbie. lol! I hated little debbie.
ExiledInIllinois Posted November 20, 2012 Posted November 20, 2012 lol! I hated little debbie. We actually like them better... LoL... Hostess is gross! :-P Cosmic Brownies... Yum... Swiss Cake Rolls better than Ho Ho's... ;-)
outsidethebox Posted November 20, 2012 Posted November 20, 2012 We actually like them better... LoL... Hostess is gross! :-P Cosmic Brownies... Yum... Swiss Cake Rolls better than Ho Ho's... ;-) I used to like there brownies.
DC Tom Posted November 20, 2012 Posted November 20, 2012 It might not cost jobs... The activist judge denied the motion FOR NOW... Will mediate the contract personally. http://www.theolympi...ve-hostess.html "The judge overseeing Hostess Brands declined to approve the company's liquidation Monday and asked management and the bakers union to enter mediation today to explain the strike that the maker of Twinkies and Wonder Bread said forced it to shut down ..." How do you conservatives feel about that? LoL... I am just poking the hornet's nest... But really, there is going to be a mediation session. Anway... The bakers and the guys in the trades will find a job... Companies have been circling to buy the facilites and brand on the cheap... What is this "judge" and "mediation" ****? It's the President's job to arbitrarily decide who gets what in a bankruptcy, isn't it?
ExiledInIllinois Posted November 20, 2012 Posted November 20, 2012 What is this "judge" and "mediation" ****? It's the President's job to arbitrarily decide who gets what in a bankruptcy, isn't it? It looks like that may not be the case. Must suck to lose that power.
TakeYouToTasker Posted November 20, 2012 Posted November 20, 2012 I'm not sure I follow. In a bankruptcy case, the judge is the ultimate decider. So if they reach an agreement during mediation, it will most certainly be binding because the judge will approve the motions based on the agreement. The liquidation is also not a fait accompli, as the judge needs to rule on Hostess' motion to switch from Chapter 11 to Chapter 7, which is also not a given as other suitors have emerged. The judge does need to rule, but the mediation is in no way binding.
Nanker Posted November 21, 2012 Posted November 21, 2012 What is this "judge" and "mediation" ****? It's the President's job to arbitrarily decide who gets what in a bankruptcy, isn't it? True, but there's scant hope for that. Alas, the maker of Twinkies will see no Obama Bucks. Michelle will see to that. Now, if they made hula-hoops or solar powered pencil erasers - they'd be all in. Junk food... not so much. Sorry you 14,000 or so, OWS gets more sympathy from the Emperor than you do.
GG Posted November 21, 2012 Posted November 21, 2012 The judge does need to rule, but the mediation is in no way binding. Ordinary mediations may not be binding, but a mediation "requested" by the Ch. 11 judge who also presided over the mediation would be as close to binding as it gets since he's the one that blesses the bankruptcy plan.
Jim in Anchorage Posted November 21, 2012 Posted November 21, 2012 Name me one job created, maintained and paid for by a union. Mafia Capo.
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