Bankrupt AMS Objects To $18M In Publishers' Claims

Law360 (July 26, 2007, 12:00 AM EDT) -- Beleaguered book marketer Advanced Marketing Services Inc. has asked a bankruptcy court for an order throwing out more than $18 million in allegedly duplicate claims by creditors.

AMS, and its book distributing units Publishers Group Inc and Publishers Group West Inc., filed a first omnibus objection Wednesday in the Delaware bankruptcy court, arguing the claims should be disallowed or reclassified.

The company, which sought protection under Chapter 11 in December 2006 and is operating as debtor in possession thanks to a $75 million loan from Wells...
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