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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. August 29, 2011

    Handful Of Borders Leases To Go To Books-A-Million

    A New York bankruptcy judge approved a deal Monday for Books-A-Million Inc. to snap up store leases from bankrupt Borders Group Inc. after an earlier deal fell apart and various landlords resolved their objections.

  2. August 24, 2011

    Borders Consultant Can Charge Legal Expenses To Estate

    A New York bankruptcy judge ruled on Tuesday that consulting firm Mercer Inc., which is advising Borders Group Inc. in its Chapter 11 proceedings, can submit legal expenses for reimbursement by the bankrupt bookseller's estate.

  3. August 10, 2011

    Borders Wins OK To Auction Off Website, Trademarks

    The estate of Borders Group Inc. won permission on Wednesday from a New York bankruptcy judge to auction off its website, trademarks and other intellectual property, having already handed its stores to liquidators.

  4. August 09, 2011

    Borders Agrees To Change Lease Sale Bidding Process

    Borders Group Inc. on Monday asked a New York bankruptcy court to approve several changes to its bidding procedures as it prepared to auction off its store leases.

  5. July 28, 2011

    Borders Wants To Sell Off IP Assets

    Beleaguered bookseller Borders Group Inc. told a New York bankruptcy court on Wednesday that it plans to sell certain intellectual property rights and customer information at auction as part of its liquidation process.

  6. July 26, 2011

    Books-A-Million Drops Bid To Buy 30 Borders Stores

    Books-A-Million Inc. announced Monday that its negotiations to buy the leases and assets of 30 Borders Group Inc. stores had fallen through, saying it could not agree on terms with the bankrupt bookseller.

  7. July 21, 2011

    Borders' Final Chapter: Liquidation Plan Approved

    A New York bankruptcy judge on Thursday approved Borders Group Inc.'s plan to liquidate, ending the 40-year run of a bookseller that once had over 1,200 stores.

  8. July 18, 2011

    Borders Abandons Sale, Moves To Liquidate

    Borders Group Inc. said Monday in New York that it would abandon plans for a bankruptcy auction in favor of liquidating the company, shuttering nearly 400 stores and eliminating all 10,700 employees, after a $215 million offer to buy the bookstore chain collapsed last week.

  9. July 14, 2011

    Borders Wins OK To Move Forward With Auction

    Borders Group Inc. won approval Thursday from a New York bankruptcy judge to move forward with auction plans despite private equity group Najafi Cos.' last-minute withdrawal of an opening bid.

  10. July 13, 2011

    Borders Faces Liquidation After Bid Falls Through

    Borders Group Inc. is facing possible liquidation after a $215 million offer to buy the bankrupt bookstore chain collapsed late Wednesday evening, after creditors and landlords objected to the deal from private equity group Najafi Cos.