Baking Giants Fight Over Bread In Pension Plan

Law360 (June 22, 2006, 12:00 AM EDT) -- The battle between two baking company giants over the handling of a pension plan will reach a courtroom next week, with Bankrupt Interstate Bakeries Corp. accusing Sara Lee Corp. of illegally interfering with its bankruptcy.

Bankrupt Interstate Bakeries Corporation, which makes Hostess, Butternut and Wonder brand products, says that rival Sara Lee Corp. is interfering with its bankruptcy by filing a lawsuit over the administration of a pension plan.

Interstate, based in Kansas City, Mo., is not named in Sara Lee’s lawsuit against the American Bakers...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.