Hostess Bakery Sale Would Skirt Enviro Rules, US Says

Law360, New York (March 4, 2013, 1:25 PM EST) -- The U.S. on Friday urged a bankruptcy judge to reject Hostess Brands Inc.’s sale of several of its bakeries over the sale’s broad environmental releases, while Hostess itself sought $2.8 million from The Kroger Co. for products delivered months ago.

U.S. Attorney Preet Bharara said in his objections to the sale of 20 bakeries and other assets associated with the company’s bread brands to FBC Georgia LLC that the proposed sale order includes provisions that would diminish the government’s ability to enforce environmental regulations against the...
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