Oprah Picks THE MEASURE OF A MAN, by Sidney Poitier. Creditors Ask Court to Move to Liquidation; Negotiate Perseus Offer The Unsecured AMS Creditors’ Committee has filed a motion asking the court not to approve the company’s debtor-in-possession financing, which they say is unnecessary, and to move instead towards liquidation of the company. “Debtor AMS is hemorrhaging. AMS is unable to buy inventory because publishers will not sell to it. AMS is unable to fill many orders for its customers (the club stores) and many of AMS’s customers have already switched to new distributors to insure a steady supply of […]
