Gospel Light Voluntarily Files for Reorganization Under Chapter 11

Gospel Light Voluntarily Files for Reorganization Under Chapter 11 Operations to continue through the reorganization process with no disruption to product sales Ventura, CA (August 10, 2015) – Gospel Light has filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Central District of California, Northern Division (the “Bankruptcy Court”) on August 7, 2015. The Company will continue to operate its business as a “debtor-in-possession” under the jurisdiction…

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Baker Publishing Group Set to Acquire Regal Books from Gospel Light

 Baker Publishing Group Set to Acquire Regal Books from Gospel Light   (Ventura, CA) – Gospel Light has entered into a Letter of Intent to sell the publishing assets of Regal Books to Baker Publishing Group. According to Stan Jantz, interim CEO of Gospel Light, and Baker president Dwight Baker, the goal is to have the final purchase agreement signed in May and the transaction closed by June 30, 2014. “Over the last several months, the board and leadership of Gospel…

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