Publishers still owed millions from Borders

borders logoMore than two years out, there’s still no indication of how much unsecured creditors might get on the dollar—or when the Borders bankruptcy will officially end.

Top 20 Largest Unsecured Publishing Creditors & Amount of Claim

  1. Penguin Putnam $41,118,914
  2. Hachette Book Group $36,879,656
  3. Simon & Schuster $33,757,445
  4. Random House $33,461,062
  5. HarperCollins $25,793,451
  6. Macmillan/MPS $11,434,306
  7. John Wiley & Sons $11,191,435
  8. Perseus Distribution Services $7,776,292
  9. Source Interlink Companies $6,879,906
  10. F&W Media $4,546,275
  11. Houghton Mifflin Harcourt $4,400,756
  12. Workman Publishing $4,003,126
  13. Diamond Comic Distributors $3,906,550
  14. McGraw-Hill $3,093,871
  15. Pearson Education $2,784,766
  16. Rosetta Stone $2,226,553
  17. National Book Network $1,956,713
  18. W.W. Norton & Company $1,940,826
  19. Zondervan $1,886,752
  20. Hay House $1,886,752

Read the full article @ PublishersWeekly.com.

May 7th, 2013 by