In 1938, Donenfeld managed to remove Wheeler-Nicholson from the equation, pushing Detective Comics, Inc. into bankruptcy and buying its assets.Gerard (2006), pg 125. As part of the bankruptcy action, Liebowitz—now sole owner of Detective Comics Inc.—bought up Wheeler-Nicholson's National Allied Publications, and Donenfeld and Liebowitz assumed control over the entire, growing comic-book publisher.
