Anderson Slams Publishers' Bid For Antitrust Counterclaim

Law360, Wilmington (October 29, 2013, 9:34 PM EDT) -- Bankrupt magazine wholesaler Anderson News LLC on Tuesday objected to a bid by publishers Time Inc., Rodale Inc. and others targeted in an antitrust suit to bring a counterclaim against the company, blasting the move as a “last-ditch tactic” aimed at dragging out the case.

Five companies asked a Delaware bankruptcy judge earlier this month for permission to bring a counterclaim in the antitrust action and file related proofs of claim against the debtor's estate, a request Anderson objected to as belated and baseless.

The motion...
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