Cengage Creditors Demand Apax Docs Connected To Debt Buy

Law360, New York (January 15, 2014, 6:17 PM EST) -- Cengage Learning Inc.’s creditors on Wednesday pushed a New York bankruptcy judge to force Apax Partners LP to hand over documents related to the private equity fund’s acquisition of Cengage debt years ago.

The official committee of unsecured creditors filed papers claiming Apax, the majority shareholder of the bankrupt textbook publisher, has refused to comply with a court order directing it to produce to Cengage all documents it provided Willkie Farr & Gallagher LLP attorneys hired to investigate the acquisition.

Not only did Apax provide many...
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