The Teamsters union threatened to strike Hostess Brands Inc. if the maker of Wonder Bread carries through with plans to impose lower wages and cut benefits. As Bloomberg Law's Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle discuss in their podcast, the union recognizes that a strike will drive Hostess out of business. The podcast continues with an analysis of how culmination of a patent-infringement trial against Blackberry maker Research in Motion Ltd. will help Eastman Kodak Co. command a higher price for intellectual property, assuming Kodak comes out on top. The podcast ends with discussion of whether Danish ship operator The Containership Co. (TCC) A/S can use the Chapter 15 case to sue 77 customers for breach of contract.
Running time 12:25