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Borders Group, Inc.

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Case overview

Case Number:

1:11-bk-10614

Court:

New York Southern

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

  1. January 04, 2013

    Borders Trustee Looks To Recover Millions In Lawsuit Blitz

    The liquidating trustee for Borders Group Inc. on Friday launched 93 clawback suits against a wide range of companies including Universal Music & Video Distribution Inc., Dell Marketing LP and A&E Home Video Corp., seeking to recover a total of approximately $23 million.

  2. August 15, 2012

    Borders Gift Card Recovery Suit Quashed

    A New York bankruptcy judge on Tuesday refused to allow holders of Borders Group Inc. gift cards to pursue an untimely class action to recover the amounts remaining on the cards, ruling that the holders were provided sufficient notice of the bar date for claims.

  3. May 03, 2012

    Borders Agrees To $44M Unsecured Claim For Penguin

    Publisher Penguin Group (USA) Inc. reached a settlement Thursday in Borders Group Inc.'s $1.3 billion bankruptcy in New York under which it will get a nearly $43.8 million unsecured claim against the defunct bookseller, the largest such deal to date.

  4. February 16, 2012

    Borders Reaches Accord With Ex-Worker Class Over Layoffs

    A New York bankruptcy judge on Thursday gave his blessing to a settlement with a class of nearly 200 former Borders Group Inc. employees who claimed the defunct bookseller axed them them without providing the legally required notice.

  5. January 06, 2012

    Borders Buries Hachette Claim With $38M Settlement

    Publisher Hachette Book Group Inc. reached a settlement Friday in Borders Group Inc.'s $1.3 billion bankruptcy in New York under which it will get a nearly $38.4 million unsecured claim against the defunct bookseller, the largest such deal to date.

  6. December 20, 2011

    Approved Liquidation Plan Closes Book On Borders

    A New York bankruptcy judge closed the book on Borders Group Inc. Tuesday, approving the company's plan to finish its liquidation and achieve what it said was the best possible outcome after attempts to sell or reorganize the company failed.

  7. December 15, 2011

    Borders Gains Creditor Support For Liquidation Plan

    Defunct bookseller Borders Group Inc. has won nearly unanimous creditor support for its liquidation plan and is forging ahead to a confirmation hearing next week, according to papers filed Thursday in New York bankruptcy court.

  8. November 10, 2011

    Judge To Approve Borders' Disclosure Statement

    A New York bankruptcy judge said Thursday that he would sign off on Borders Group Inc.'s disclosure statement for its joint liquidation plan and that he considered it a milestone the case had reached this point.

  9. November 07, 2011

    Borders, Random House Settle On $36.4M Unsecured Claim

    Borders Group Inc. agreed Friday to allow publishing behemoth Random House Inc. a $36.4 million unsecured claim in its bankruptcy case, settling the retail giant's largest unsecured claim to date as its $1.3 billion bankruptcy continues in New York federal court.

  10. October 05, 2011

    B&N Opt-Out Notice Borders On Opaque: Privacy Official

    A New York bankruptcy judge ordered a hearing Wednesday after the privacy ombudsman in the Borders Group Inc. bankruptcy blasted Barnes & Noble Inc. for withholding from Borders customers the extent of the information it was acquiring under an intellectual property purchase.