Borders Trust Asks High Court To Pass On Gift Card Spat

Law360, Washington (August 3, 2015, 5:22 PM EDT) -- The Borders Group Inc. liquidating trust is urging the U.S. Supreme Court to pass on an appeal seeking to revive class action litigation over $210.5 million in unredeemed customer gift cards, saying the plaintiffs sat on their claims against the shuttered bookstore for too long.

Attorneys for the Borders trust responded last month to the plaintiffs' petition requesting the Supreme Court review their case. The plaintiffs contend that a Second Circuit ruling that scuttled the litigation deepened a circuit split over the concept of “equitable mootness,”...
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