The modified second amended joint plan of reorganization of RDA Holding Company, The Reader's Digest Association Inc., and certain other affiliated debtors was confirmed on June 28 by the U.S. Bankruptcy Court for the Southern District of New York (In re RDA Holding Company, Bankr. S.D.N.Y., No. 13-22233 (RDD), plan confirmed 6/28/13).
In the aforementioned press release, the debtor's CEO, Robert E. Guth, said, “We are taking decisive actions that are placing our business on a stronger path for the long-term and making us a more relevant and more profitable [c]ompany. We have used the restructuring period to reset and refresh our [c]ompany and have reconsidered nearly every aspect of our business. We look forward to laying out our go-forward strategy in the weeks ahead.”
The debtors filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of New York on Feb. 17, 2013 (25 BBLR 285, 2/28/13). They had emerged from a prior bankruptcy in 2010 (22 BBLR 258, 2/25/10).
The order confirming the plan is available at: http://www.bloomberglaw.com/public/document/RDA_Holding_Co_et_al_and_Direct_Entertainment_Media_Group_Inc_Doc
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to firstname.lastname@example.org.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).