Borders Gift Card Holders Push To Revive Refund Claims

Law360, New York (April 30, 2013, 7:46 PM EDT) -- Customers who hold gift cards from bankrupt book seller Borders Group Inc. asked a federal judge Tuesday to let them bring a class action seeking refunds, saying they did not get an adequate chance to press their claims.

Borders never made a legitimate attempt to reach out to about 17 million gift card holders, lawyer Daniel A. Zazove of Perkins Coie LLP told U.S. District Judge Andrew Carter Jr. at a hearing in Manhattan federal court.

“The gift card holders had no notice whatsoever,” Zazove said....
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