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21 Jun 2011, 10:25 pm by Randall Reese
Borders Group, Inc. and its affiliated debtors filed their monthly operating report for May (1-28) yesterday with the bankruptcy court in New York. [read post]
2 Jun 2011, 12:18 am by Randall Reese
The Wall Street Journal reported (link) Wednesday that Los Angeles-based private equity firm The Gores Group, LLC is among the potential bidders in talks to acquire some or all of Borders Group, Inc.'s assets. [read post]
25 Jul 2011, 12:35 pm by bornmann00
Borders Bankruptcy and Liquidation Borders Group Inc, the 2nd largest bookstore chain, has canceled an upcoming bankruptcy auction and will instead close its doors for good. [read post]
18 Jul 2011, 3:54 pm by Randall Reese
In its court filing this afternoon formally announcing the cancellation of tomorrow's auction, Borders Group, Inc. disclosed that it "received a bid from a non-insider to purchase the inventory, furniture, fixtures, equipment and leases for approximately thirty (30) stores. [read post]
25 Jul 2011, 11:13 pm by Randall Reese
" Borders Group, Inc. received bankruptcy court approval last week to have liquidators run [read post]
16 Feb 2011, 5:33 pm by Bankruptcy Attorney
Mega book retailer Borders Group, Inc. commenced a chapter 11 bankruptcy case today in the United States Bankruptcy Court for the Southern District of New York (Case No. 11-10614). [read post]
21 Jul 2011, 12:32 pm by Bankruptcy Prof
"Borders Group Inc., the bankrupt bookstore chain, may avoid a total wind-down by selling as many as 35 stores to Books-A-Million Inc. [read post]
21 May 2011, 11:39 pm by Bankruptcy Prof
"The bookstore chain Borders Group Inc BPIQ.PK on Thursday asked a bankruptcy court judge to extend the time during which it has exclusive rights to propose a reorganization plan to its creditors. [read post]
8 Sep 2011, 1:37 pm by Hunton & Williams LLP
On September 6, 2011, a bankruptcy court approved an agreement between bankrupt bookseller Borders Group, Inc. [read post]
9 Apr 2011, 6:29 pm by Bankruptcy Prof
Trustee objected to a proposal by Borders Group Inc (BGPIQ.PK) to pay over $8 million in bonuses to high-level employees this early in its bankruptcy proceeding. [read post]
19 Jul 2011, 3:09 pm
Borders Group, http://www.borders.com/online/store/Home Inc. filed for bankruptcy protection in New York, and will be liquidated shortly. [read post]
26 Mar 2011, 11:47 pm by Bankruptcy Prof
"Book retailer Borders Group Inc., which is shuttering hundreds of stores in a bid to stay alive, is seeking bankruptcy court approval to hand out as much as $8.3 million in executive bonuses, including nearly $1.7 million to President Mike... [read post]
28 May 2011, 10:53 pm
Book lovers were stunned last February when Borders filed for Chapter 11 bankruptcy. [read post]
16 Sep 2011, 12:46 am by Randall Reese
In a bankruptcy court notice filed Thursday evening, Borders Group, Inc. announced the winning bidders at Wednesday's auction for the bankrupt book seller's intellectual property assets. [read post]
23 Feb 2011, 12:25 pm by Bankruptcy Legal Group
Borders Group Inc., the second largest American bookstore chain, recently received approval in bankruptcy court to liquidate 200 of its stores. [read post]
26 Oct 2011, 4:15 pm by Smart Wager
As we previously noted (earlier post here), Borders Group, Inc. held an auction in mid-September for its intellectual property assets. [read post]
19 Jul 2011, 7:19 am
"Borders Group Inc. said it would liquidate after the second-largest U.S. bookstore chain failed to receive any offers to save it. [read post]
20 Jun 2011, 5:54 am by Tomassi Law Associates
Tomassi Law Associates, LLC www.attorney-ri.com 1-888-RI-LAWLINEBorders deal will avoid closing 40 stores Jaclyn Trop/ The Detroit News Borders Group Inc. reached a deal with its bankruptcy financing lenders to avoid closing 40 stores, according to court filings Wednesday. [read post]