September 26, 2013
The bankruptcy judge overseeing Cengage Learning Inc.'s Chapter 11 case on Wednesday appointed another judge to mediate disputes between the company and its creditors over the allocation of estate resources and the terms of a reorganization plan.
September 23, 2013
A $273.9 million money market fund held by bankrupt textbook publisher Cengage Learning Inc. is not included in the company's collateral package with JPMorgan Chase Bank NA and a lien therefore does not exist, Cengage told a New York bankruptcy court Friday.
September 11, 2013
Private equity firm Apax Partners LP on Tuesday sued bankrupt textbook publisher Cengage Learning Inc. in New York bankruptcy court to ensure that it will receive its share of distributions to first-lien secured debt holders.
September 09, 2013
Cengage Learning Inc. on Monday urged a New York bankruptcy judge to deny creditors' efforts to pursue claims on behalf of the bankrupt textbook publisher's estate, saying they are trying to obtain undue leverage in the case and have no standing to do so.
September 05, 2013
The Bank of New York Mellon Corp. objected Wednesday to an attempt by bankrupt textbook publisher Cengage Learning Inc.'s unsecured creditors committee to take control of pursuing certain claims belonging to Cengage's estates, accusing the committee of using supposed conflicts in a power grab.
July 24, 2013
Textbook publisher Cengage Learning Inc. asked a New York bankruptcy court Tuesday for leave to hire Willkie Farr & Gallagher LLP to probe the acquisition of company debt by private equity firm Apax Partners, which has a controlling stake in the business.