'Penthouse' Parent Company: Former Adviser's Claim For $3.43M Should Be Expunged

'Penthouse' Parent Company: Former Adviser's Claim For $3.43M Should Be Expunged

WILMINGTON, Del. - The adult entertainment company that produces material carrying the name "Penthouse" on Jan. 13 filed a brief in the U.S. Bankruptcy Court for the District of Delaware contending that claims asserted against its bankruptcy estate by its former financial adviser for $3,430,900 should be "denied and expunged" (In Re: PMGI Holdings Inc., No. 13-12404, Chapter 11, D. Del. Bkcy.).

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