Ziff Davis Creditors Blast Chapter 11 Plan

Law360, New York (April 29, 2008, 12:00 AM EDT) -- The unsecured creditors of Ziff Davis Media have attacked the media company's disclosure statement and proposed reorganization plan as “fatally flawed” and “patently unfair” and asked the court to order the company to amend them.

In court filings on Monday, attorneys for the company's official committee of unsecured creditors outlined what they describe as numerous deficiencies in both documents filed by the publisher of PC Magazine, which filed for Chapter 11 protection in March.

At the time of the filing, Ziff Davis officials said the company...
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