Pursuits
Houghton, Ritz Camera, Hostess, Dewey, Bicent: Bankruptcy
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Houghton Mifflin Harcourt Publishing Co. improperly filed its prepackaged reorganization in New York, the bankruptcy judge ruled on June 22, one day after signing a confirmation order approving the Chapter 11 plan for the Boston-based educational publisher.
The judge said he was “perplexed” why the U.S. Trustee sought to move a case designed to be completed so quickly. To avoid hurting the company or creditors, the judge won’t move the case for about three weeks.