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  • READER'S DIGEST Bankruptcy News, Issue No. 16

    (EMAILWIRE.COM, February 05, 2010 ) FAIRLESS HILLS, Pa. -- Bankruptcy Creditors' Service, Inc., published Issue No. 16 of READER'S DIGEST BANKRUPTCY NEWS today. The 15-page newsletter contains stories with these headlines:

    [00202] READER'S DIGEST DELAYS EMERGENCE DUE TO UK PENSION ISSUES
    [00203] DEBTORS' MOTION TO PROVIDE LIMITED FUNDING TO RDA UK
    [00204] DEBTORS' MOTION TO SELL NOTES TO REFINANCE EXIT LOANS
    [00205] MOODY'S SAYS RDA RATINGS NOT AFFECTED BY UK PENSION ISSUE
    [00206] DEBTORS' MOTION TO OBTAIN $150,000,000 DIP FINANCING
    [00207] DEBTORS' APPLICATION TO EMPLOY KPMG AS FINANCIAL ADVISORS
    [00208] DEBTORS' APPLICATION TO EMPLOY ERNST & YOUNG AS AUDITOR
    [00209] DEBTORS' 1ST OMNIBUS OBJECTION TO CLAIMS
    [00210] DEBTORS' 2ND OMNIBUS OBJECTION TO CLAIMS
    [00211] DEBTORS' MOTION TO SELL COMPASSLEARNING ASSETS FOR $43MM
    [00212] STIPULATION RESOLVING HCL'S PREPETITION CURE CLAIM
    [00213] BANKRUPTCY PROFESSIONALS' INTERIM FEE APPLICATIONS
    [00214] SUNGARD FILES NOTICE OF WITHDRAWAL OF CLAIM NO. 1366
    [00215] RDA MONTHLY OPERATING REPORT -- Ending December 31, 2009

    A copy of today's newsletter can be purchased on-line with a major credit card at https://ecommerce.bankrupt.com/bin/ibl_re?co_name=READER'S|DIGEST for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.

    READER'S DIGEST BANKRUPTCY NEWS tracks the restructuring of Reader's Digest Association Inc, The.

    How to Subscribe to READER'S DIGEST BANKRUPTCY NEWS

    READER'S DIGEST BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail. New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases. The subscription rate is $45 per issue. Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax. Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions. Subscriptions may be canceled at any time without further obligation.

    To continue receiving READER'S DIGEST BANKRUPTCY NEWS, please complete and submit the subscription form at https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=READER'S|DIGEST


    Bankruptcy Creditors' Service, Inc.
    Peter A. Chapman
    (215) 945-7000
    peter@bankrupt.com

    Source: EmailWire.com

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    Judge OKs sale of Ohio-based newspaper chain (AP)
    3 Sep 2010 at 1:32pm
    AP - A federal bankruptcy judge in New York on Friday approved the sale of most of the assets of Ohio-based newspaper chain Brown Publishing Co. to the company's lenders for about $21.8 million.


    Sara Paretsky publishes 14th Warshawski mystery (AP)
    3 Sep 2010 at 3:13am

    AP - Sara Paretsky's latest installment in her series about feisty, female private detective V.I. Warshawski opens with the heroine outside a Chicago nightclub, the bloody body of a woman who was just shot to death in her arms.


    God did not create the universe, says Hawking (Reuters)
    2 Sep 2010 at 3:45pm
    Reuters - God did not create the universe and the "Big Bang" was an inevitable consequence of the laws of physics, the eminent British theoretical physicist Stephen Hawking argues in a new book.

    PUBLISHERS WEEKLY BEST-SELLERS (AP)
    2 Sep 2010 at 2:54pm
    AP - 1. "The Girl Who Kicked the Hornet's Nest" by Stieg Larsson (Knopf)

    USA TODAY BEST-SELLERS (AP)
    2 Sep 2010 at 2:53pm
    AP - Best-Selling Books Week Ended August 22

    Burkle to appeal dismissal of Barnes & Noble suit (AP)
    2 Sep 2010 at 2:08pm
    AP - Billionaire financier Ron Burkle said Thursday he will appeal the dismissal of his lawsuit against bookseller Barnes & Noble over its shareholder rights plan.

    Burkle to appeal Barnes & Noble poison pill ruling (Reuters)
    2 Sep 2010 at 1:22pm
    Reuters - Billionaire investor Ron Burkle plans to appeal a Delaware court ruling that upheld an anti-takeover "poison pill" put in place by bookseller Barnes & Noble Inc .


    True stories invented: Tao Lin at work (AP)
    2 Sep 2010 at 2:49am

    AP - Tao Lin's new novel is based on a true story, his own.


    Oprah's Book Club back, pick coming in September (AP)
    3 Sep 2010 at 3:27am
    AP - The first week of the final season of "The Oprah Winfrey Show" will include a selection for Oprah's Book Club.


    Tony Blair: 'I cried for Iraq war victims' (AP)
    1 Sep 2010 at 5:02pm

    AP - Tony Blair regrets banning fox hunting, but not invading Iraq. He was captivated by Princess Diana, intimidated by Queen Elizabeth II. He heaps praise on President George W. Bush but calls his close colleague Gordon Brown a man of "zero" emotional intelligence. He acknowledges that some find him delusional, and says he possibly drank a bit too much.


    UK's Blair says did not foresee Iraq "nightmare" (Reuters)
    1 Sep 2010 at 11:41am
    Reuters - Former British prime minister Tony Blair said on Wednesday he could have not have imagined what he called the "nightmare" that unfolded in Iraq but still did not regret joining the U.S.-led invasion.


    `Brazil on the Rise' says future has arrived (AP)
    1 Sep 2010 at 10:40am

    AP - "Brazil on the Rise" (Palgrave Macmillan, $27) by Larry Rohter: When Larry Rohter stepped down as The New York Times' Brazil bureau chief in 2008, he was easily the most reviled foreign correspondent in the country.


    Glance: Borders 2nd-quarter revenue (AP)
    1 Sep 2010 at 9:48am
    AP - Borders Group Inc., the No. 2 traditional U.S. bookseller, reported a slightly larger loss in the second quarter. Here's a closer look at its results:

    Summary Box: Borders 2nd-quarter results (AP)
    1 Sep 2010 at 9:24am
    AP - THE RESULTS: Borders Group Inc., the No. 2 traditional U.S. bookseller, reported a slightly wider loss in the second quarter as revenue fell 12 percent because of weak book sales.


    Remains of the Day musical opens in London (AFP)
    1 Sep 2010 at 4:51am

    AFP - Award-winning novelist Kazuo Ishiguro is supporting a new musical based on his novel "Remains of the Day" even though he dislikes a lot of the musicals staged in London.


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