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RDA Holding Co., et al.
Case Number:
7:13-bk-22233
Court:
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April 01, 2013
Reader's Digest To Net $5.8M In Sale Of French, Nordic Units
The Reader's Digest Association Inc.'s bankrupt parent on Friday sought court approval to sell its affiliates in France, Sweden and Finland for a combined $5.8 million in an effort to streamline its international operations.
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March 22, 2013
Reader's Digest Gets DIP Loan Nod, Submits Ch. 11 Plan
Reader's Digest Association Inc.'s publisher on Thursday submitted in New York bankruptcy court a reorganization plan that will convert about $475 million in debt into equity, shortly after it received a judge's go-ahead for a $105 million loan.
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March 20, 2013
Reader's Digest Creditors Blast $105M DIP Loan
Unsecured creditors of the bankrupt Reader's Digest Association Inc. told a New York federal bankruptcy judge Tuesday that a $105 million debtor-in-possession loan between the company and a cohort of private equity groups wrongfully prevents them from cashing in on proceeds from trustee lawsuits.
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