Academic publisher John Wiley & Sons announced in a February 4 filing with the SEC that it will record a $9 million bad debt expense in connection with Borders Group Inc. based on the current status of business and also the potential future adverse financial events that may affect it.

Wiley’s professional/trade brands include For Dummies, Frommer’s, Webster’s New World, Jossey-Bass, Pfeiffer, CliffsNotes, Betty Crocker, Wrox Press, J.K. Lasser, Sybex, Fisher Investments Press, and Bloomberg Press.

[Thanks to Michael Walsh for the story.]