We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

AMS Seeks Retention Plan Approval

Law360 (February 7, 2007, 12:00 AM EST) -- Book marketer Advanced Marketing Services Inc. has asked a bankruptcy court to approve the company’s retention bonus plan for more than 100 employees at a publishing unit the company is looking to sell this summer.

San Diego, Calif.-based Advanced Marketing requested Wednesday that the U.S. Bankruptcy Court for the District of Delaware sign off on the $750,850 bonus plan to retain key employees of Publishers Group West Inc. as it switches its distribution services to independent publisher Perseus Books LLC.

The 117 employees will receive bonuses...
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.