Insurers Can't Arbitrate Hostess' Collateral Request

Law360, New York (January 2, 2013, 7:36 PM EST) -- A New York bankruptcy judge denied a motion to compel arbitration of a dispute surrounding Hostess Brands Inc.’s bid to dip into cash collateral related to a workers' compensation and auto insurance program, according to an order filed Wednesday.

ACE American Insurance Co. and ESIS Inc. had asked the court to deny Hostess' motion to use some of the cash collateral held by the insurers in order to satisfy obligations to the insurers, calling it an attempt to circumvent an arbitration clause Hostess says can be...
To view the full article, register now.




Case Information

Case Title

Old HB, Inc. (f/k/a Hostess Brands, Inc.), et al.

Case Number



New York Southern

Nature of Suit

Date Filed

January 11, 2012

Law Firms


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.