NEW YORK, March 2 Creditors of Anderson News
LLC, a sales and marketing company for books and magazines, on
Monday sought to force the company into bankruptcy
In court papers filed in U.S. bankruptcy court in
Manhattan, publishing companies Hachette Book Group,
HarperCollins Publishers, Random House Inc and Simon & Schuster
Inc said they are owed a combined $37.5 million.
Under U.S. law, creditors may begin an involuntary
bankruptcy proceeding to force a debtor to confront the debts
they are owed. The alleged debtor has about 20 days to object
to the filing.
A phone number for the Knoxville, Tennessee-based company
has been disconnected.
The case is Re: Anderson News, LLC, U.S. Bankruptcy Court,
District of Delaware, No. 09-10695.
(Reporting by Emily Chasan; Editing by Gary Hill)