Contract Spat Spurs Suit Against Home Interiors

Law360, New York (May 9, 2008, 12:00 AM EDT) -- Meredith Corp. has filed suit against Home Interiors & Gifts Inc. in a dispute over about $385,000 worth of paper that the bankrupt home décor company has argued belongs to its bankruptcy estate.

The Iowa-based magazine publisher filed the suit Thursday in the U.S. Bankruptcy Court for the Northern District of Texas, the court overseeing Home Interiors' Chapter 11 proceedings.

The suit seeks a declaratory judgment that the paper belongs to Meredith and that the company had not violated the automatic stay in Home Interiors' bankruptcy....
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