Judge: $14M Union Pension Claim Against Hostess Not An Administrative Expense

Judge: $14M Union Pension Claim Against Hostess Not An Administrative Expense

NEW YORK - A federal judge in the U.S. District Court for the Southern District of New York on Oct. 29 affirmed a bankruptcy court's decision that held that a $14 million claim asserted by the Bakery, Confectionary, Tobacco Workers and Grain Millers International Union in the Chapter 11 bankruptcy of Hostess Brands Inc. should not be treated as an administrative expense claim (In Re: Hostess Brands Inc., No. 12-22052, Chapter 11, S.D. N.Y. Bkcy.).

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