Alternative Dispute Resolution Proposal By Hostess Should Be Changed, Insurers Say

Alternative Dispute Resolution Proposal By Hostess Should Be Changed, Insurers Say

NEW YORK - An insurance company and its affiliate on May 24 filed a brief in the U.S. Bankruptcy Court for the Southern District of New York objecting to a motion by bankrupt Hostess Brands Inc. that seeks to use alternative dispute resolution (ADR) as a means of resolving various claims in its Chapter 11 proceeding (In Re: Hostess Brands Inc., No. 11-22052, Chapter 11, S.D. N.Y. Bkcy.). Subscribers may view the ACE brief available within the full update.

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