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Hostess Brands Is Latest Case Highlighting Funding Challenges of Multiemployer Plans
Bloomberg BNA Link to more items from this source
[Opinion]
Nov. 27, 2012
"Recent efforts by Hostess Brands Inc. to use bankruptcy to discharge withdrawal liabilities totaling nearly $2 billion highlight a persistent and serious problem for multiemployer plans ... Employers such as snack food maker Hostess have tried using bankruptcy to avoid their withdrawal obligations, to the detriment of multiemployer plan participants, their beneficiaries, and the employers that continue to contribute to those plans[.]"

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