Bankrupt Reader's Digest Seeks Disallowance Of Employee Indemnification Claims

Bankrupt Reader's Digest Seeks Disallowance Of Employee Indemnification Claims

NEW YORK - RDA Holding Co., the parent company for publisher Reader's Digest, on July 17 filed a brief in bankruptcy court objecting to employee indemnification claims on grounds that they should be expunged until there is an effective date when the reorganization plan will be implemented (In Re: RDA Holding Co., No. 13-22233, Chapter 11, S.D. N.Y. Bkcy.).

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