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General Media One of 2004's Most Successful Restructurings

Turnarounds & Workouts (January 15, 2005) February 4, 2005

Recent Rankings Posted by Turnarounds & Workouts

General Media, Inc. was listed in Turnarounds & Workouts as one of the ten most successful restructurings in 2004. “Penthouse publisher General Media reorganized through full payment plan to creditors as Penthouse Media Group, preserving and enhancing value of estate and global brand.” Rob Feinstein, managing partner of the New York office of Pachulski, Stang, Ziehl, Young & Weintraub, represented the renowned publisher of Penthouse Magazine in its chapter 11 case. General Media is also engaged in internet, entertainment, and trademark licensing businesses.

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