Reader's Digest Affiliate Seeks Extension To File Ch. 11 Plan

Law360, New York (June 18, 2013, 2:08 PM EDT) -- Direct Entertainment Media Group Inc., a subsidiary of Reader’s Digest parent RDA Holdings Co., on Monday asked a New York bankruptcy judge for an extension of its deadline to file a Chapter 11 plan without the threat of a rival plan being submitted.

DEMG, the only bankrupt RDA entity not attached to a reorganization plan filed earlier this year, told U.S. Bankruptcy Judge Robert D. Drain that it needs an extra 30 days to submit a plan because it will be affected by the outcome of...
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