The Reader’s Digest Association, Inc. (“Readers Digest”) has requested authority to file a consolidated list of the 30 largest unsecured creditors for itself and its 47 affiliated Debtors (the “Top Unsecured Creditor List”) in lieu of a separate list for each of the debtors. None of the trade claims were listed as unliquidated or disputed, and only the trade claim of TI Circulation Holdings LLC was listed as contingent.
| Creditor Name | Nature of Claim | Claim Amount |
| THE BANK OF NEW YORK AS TRUSTEE | 9% Senior Subordinated Notes | $600,000,000.00 |
| HCL | Trade Claim | $14,212,268.28 |
| WILLIAMS LEA | Trade Claim | $8,867,402.12 |
| CDS GLOBAL, INC. | Trade Claim | $5,421,407.34 |
| QUAD/GRAPHICS INC | Trade Claim | $2,983,639.17 |
| TI CIRCULATION HOLDINGS LLC | Contingent Contract Claim | $2,590,635.49 |
| RR DONNELLEY RECEIVABLES INC | Trade Claim | $2,417,751.55 |
| QUEBECOR WORLD INC. | Trade Claim | $2,349,793.12 |
| NEWPAGE CORPORATION | Trade Claim | $2,241,616.14 |
| THE HARRY FOX AGENCY INCORPORATED | Trade Claim | $1,808,128.01 |
| MYLLYKOSKI NORTH AMERICA | Trade Claim | $1,646,889.64 |
| SONY MUSIC SPECIAL PRODUCTS | Trade Claim | $1,070,127.08 |
| SG CHAPPAQUA A LLC, C/O GREENFIELD PARTNERS; SG CHAPPAQUA B LLC, C/O GREENFIELD PARTNERS AND SUMMIT DEVELOPMENT LLC | Trade Claim | $986,279.28 |
| UNIVERSAL MUSIC & VIDEO DISTRIBUTION | Trade Claim | $980,896.80 |
| HUNG HING OFFSET PRINTING COMPANY | Trade Claim | $831,607.03 |
| RHINO ENTERTAINMENT | Trade Claim | $802,641.88 |
| INFOCROSSING INCORPORATED | Trade Claim | $772,671.42 |
| FEDERAL EXPRESS CORPORATION | Trade Claim | $742,759.52 |
| EDS CORPORATION | Trade Claim | $733,507.65 |
| ANETORDER, INC | Trade Claim | $666,509.65 |
| A&E TELEVISION NETWORKS | Royalty Claim | $651,568.25 |
| IGNITE MEDIA SOLUTIONS | Trade Claim | $614,664.75 |
| FITNESS BRANDS INC | Royalty Claim | $600,000.00 |
| AEGIS USA INC. | Trade Claim | $537,155.63 |
| INO RECORDS | Royalty Claim | $522,378.24 |
| CELLMARK PAPER, INC. | Trade Claim | $514,256.97 |
| SONY BMG MUSIC ENTERTAINMENT. | Trade Claim | $474,558.42 |
| SOUL TRAIN HOLDINGS LLC | Royalty Claim | $400,000.00 |
| EQUIFAX MARKETING SERVICE | Trade Claim | $360,621.82 |
| WEST DIRECT, INC. | Trade Claim | $341,436.00 |
The Top Unsecured Creditor List is based on the Debtors’ books and records as of August 20, 2009. The Top 30 List does not include: (1) persons who come within the definition of “insider”; or (2) secured creditors, unless the value of the collateral is such that the unsecured deficiency places the creditor among the holders of the largest unsecured claims.
Bankruptcy Rule 1007(d) provides that a debtor shall file “a list containing the name, address and claim of the creditors that hold the 20 largest unsecured claims, excluding insiders.” Fed. R. Bankr. P. 1007(d). Readers Digest explained that “[b]ecause many creditors are shared amongst certain of the Debtors and the Debtors generally operate as a single business enterprise, the Debtors request authority to file a single, consolidated list of their 30 largest general unsecured creditors.” It is customary for these requests to be granted by the bankruptcy court.