Creditors On Board With Amended Ziff Davis Plan

Law360, New York (April 30, 2008, 12:00 AM EDT) -- Days after its unsecured creditors committee raised a host of concerns about Ziff Davis Media Inc.'s reorganization plan and disclosure statement, the magazine publisher has resolved the issues with an amended plan.

The company and the unsecured creditors have reached an agreement on the reorganization plan and have resolved nearly all the issues with the disclosure statement, said Gerald Bender, an attorney for the committee.

“We're still trying to work out some details, but we expect it to be resolved in the next few days,” he...
To view the full article, register now.