Baker & Taylor Authorised to Seek Creditor Votes on Liquidation Plan

Baker & Taylor, the US book wholesaler, has been authorised to begin soliciting creditors' votes on a Chapter 11 liquidation plan, Law360 reported on 27 October 2026. Chapter 11 is a US bankruptcy process; liquidation means turning assets into cash to repay debts. A confirmation hearing, where a judge decides whether to approve the plan, is scheduled for December.