Businessweek

Direct%20Markets%20Holdings%20Corp.%2C%20along%20with%20its%20affiliates%2C%20filed%20a%20voluntary%20petition%20for%20liquidation%20under%20Chapter%207%20in%20the%20US%20Bankruptcy%20Court%20for%20the%20Southern%20District%20of%20New%20York%20on%20January%2011%2C%202013.%20The%20debtor%u2019s%20affiliates%20include%20Direct%20Markets%2C%20Inc.%20and%20Rodman%20%26%20Renshaw%2C%20LLC.%20The%20debtor%20listed%20its%20assets%20of%20%240.03%20million%20and%20liabilities%20of%20%246.77%20million.%20The%20largest%20unsecured%20creditors%20include%20Command%20Financial%20Press%20Corporation%20and%20Philips%20Electronics%20North%20America%20Corporation.%20The%20debtor%20is%20represented%20by%20Mark%20S.%20Lichtenstein%20of%20Crowell%20%26%20Moring%20LLP%20as%20its%20legal%20counsel.%20Yann%20Geron%20of%20Fox%20Rothschild%20LLP%20has%20been%20appointed%20as%20the%20Chapter%207%20Trustee.%20Ken%20Yormark%20of%20Navigant%20Consulting%2C%20Inc.%20acted%20as%20financial%20advisor%20to%20case%20trustee%20and%20will%20be%20paid%20%24775%20per%20hour.%20Yann%20Geron%20of%20Fox%20Rothschild%20LLP%20acted%20as%20general%20counsel%20to%20case%20trustee%20and%20will%20be%20paid%20%24620%20per%20hour.%0D%0A%0D%0AThe%20US%20Bankruptcy%20Court%20granted%20an%20order%20for%20the%20change%20of%20Judge%20for%20the%20bankruptcy%20case%20of%20Direct%20Markets%20Holdings%20Corp.%20on%20January%2014%2C%202013.%20Judge%20Stuart%20M.%20Bernstein%20terminated%20from%20the%20case.%20Judge%20Robert%20E.%20Gerber%20has%20been%20appointed%20as%20the%20Judge%20replacing%20Stuart%20M.%20Bernstein%20to%20the%20case.