September 26, 2011
A New York bankruptcy judge on Monday approved bankrupt Borders Group Inc.'s plan to sell its intellectual property to Barnes & Noble Inc. for $13.9 million after the two companies made concessions to ease his concerns about customer privacy.
September 22, 2011
A New York bankruptcy judge on Thursday refused to approve bankrupt Borders Group Inc.'s plan to sell its intellectual property to former rival Barnes & Noble Inc. for $13.9 million, citing privacy concerns related to the transfer of customer lists.
September 21, 2011
Barnes & Noble Inc. told a New York bankruptcy court Wednesday that a third-party ombudsman's recommended privacy standards regarding bankrupt bookseller Borders Inc.'s customer information — which Barnes & Noble won for $13.9 million at auction last week — were too restrictive.
September 15, 2011
The intellectual property portfolio of bankrupt bookseller Borders Group Inc. fetched $15.8 million at auction Thursday, thanks to bids from former rival Barnes & Noble Inc. and others.
September 12, 2011
Borders Group Inc. agreed on Friday to pay book wholesaler Perseus Distribution Inc. $8.4 million, settling the first book vendor creditor claim as the retail giant's $1.3 billion bankruptcy continues in New York federal court.
September 09, 2011
Online marketer Next Jump Inc. fired back at Borders Group Inc. on Friday, answering the bankrupt bookstore chain's adversary proceeding over the management of Borders' customer rewards program with counterclaims for fraud and breach of contract.
September 07, 2011
The proposed sale of bankrupt bookseller Borders Group Inc.'s intellectual property assets sparked several objections Tuesday in New York bankruptcy court, including one from Kobo Inc., which makes e-readers used by Borders' customers.
September 06, 2011
A New York bankruptcy judge approved an agreement Tuesday that calls for online marketer Next Jump Inc. to stop emailing Borders Group Inc.'s customers and take down Borders' trademarks from its website, resolving the most immediate issues in the companies' adversary contract suit.
September 02, 2011
An ex-employee of a Borders Group Inc. unit filed a putative class action Friday in New York bankruptcy court, claiming the defunct bookseller axed him and about 300 coworkers without providing the legally required notice.
September 01, 2011
Borders Group Inc., which this month won approval to auction off its website and trademarks, accused online marketer Next Jump Inc. of poaching customers and marks Wednesday in a breach of contract, Lanham Act and trade secrets adversary suit.