Borders Seeks June 1 Bar Date for Claims Filing

FAIRLESS HILLS, Pa. -- Borders Group, Inc. is seeking court approval for the establishment of June 1 as the claims bar date in its bankruptcy cases.

 

The Company is also retaining Deloitte Tax, Deloitte Consulting, Ernst & Young, and Mercer to provide it services while in bankruptcy.

 

More details on the proposed procedures for claims filing and other stories on the Borders case is available at BORDERS GROUP BANKRUPTCY GROUP, Issue No. 9, published by Bankruptcy Creditors' Service, Inc.

 

The 20-page newsletter contains stories with these headlines:

 

[00137] DEBTORS' MOTION TO FIX JUNE 1, 2011 AS CLAIMS BAR DATE

[00138] BORDERS BEGINS LIQUIDATION OF 26 ADDITIONAL STORES

[00139] DEBTORS' MOTION FOR INJUNCTION AGAINST UTILITY COMPANIES

[00140] DEBTORS' APPLICATION TO TAP DELOITTE TAX AS TAX ADVISOR

[00141] DEBTORS' APPLICATION TO EMPLOY DELOITTE CONSULTING

[00142] DEBTORS' APPLICATION TO EMPLOY ERNST & YOUNG AS AUDITOR

[00143] DEBTORS' APPLICATION TO EMPLOY MERCER AS CONSULTANT

[00144] COVENTRY RETAIL'S MOTION TO LIFT STAY TO EVICT DEBTOR

[00145] TOYS CENTER'S MOTION TO COMPEL POSTPETITION RENT PAYMENT

[00146] PALLET COMPANIES' MOTION TO ALLOW $8,270 ADMIN. CLAIM

[00147] ENTITIES FILE NOTICES OF SUBSTANTIAL STOCK OWNERSHIP

[00148] ROSETTA STONE RECORDS $0.9-MIL. CHARGE RELATED TO BORDERS

 

 

A copy of today's newsletter can be purchased on-line with a major credit card at https://ecommerce.bankrupt.com/bin/ibl_re?co_name=BORDERS|GROUP for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.

 

BORDERS GROUP BANKRUPTCY NEWS tracks the restructuring of Borders Group Inc (MI).

 

How to Subscribe to BORDERS GROUP BANKRUPTCY NEWS

 

BORDERS GROUP BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail.  New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases.  The subscription rate is $45 per issue.  Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax.  Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions.  Subscriptions may be canceled at any time without further obligation.

 

To continue receiving BORDERS GROUP BANKRUPTCY NEWS, please complete and submit the subscription form at https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=BORDERS|GROUP

Borders Modifies Trade Terms With Vendors, Sets $8MM for Bonuses

FAIRLESS HILLS, Pa. -- Borders Group Inc. has sought court approval of modified trade terms to be applied to its relationship with its vendors.  Among other things, Borders want to reduce the amount of goods returned to vendors.

 

Borders is also earmarking $8.3 million for key employee bonuses and retention payments.  About $7.1 million of the amount consists the maximum range of incentive payments that can be made available to the company's top executives upon the achievement of target goals.

 

Detailed terms of Borders' proposed key employee incentive and retention plans and the creditors committee's proposed information protocol is available at BORDERS GROUP BANKRUPTCY NEWS, Issue No. 8, published by Bankruptcy Creditors' Service, Inc.

 

 

The 17-page newsletter contains stories with these headlines:

 

[00125] BORDERS BEGINS LIQUIDATION OF 26 ADDITIONAL STORES

[00126] PUBLISHERS REMAIN CAUTIOUS OF BORDERS' BANKRUPTCY PLAN

[00127] DEBTORS' MOTION FOR KEY EMPLOYEE BONUS/RETENTION PLANS

[00128] BORDERS GETS FINAL APPROVAL OF $505MM DIP CREDIT FACILITY

[00129] DEBTORS' MOTION TO MODIFY TRADE TERMS WITH VENDORS

[00130] COMMITTEE'S MOTION TO OKAY CREDITOR INFORMATION PROTOCOL

[00131] COVENTRY RETAIL'S MOTION TO LIFT STAY TO EVICT DEBTOR

[00132] SN WARRANTY'S MOTION TO COMPEL LEASE DECISION

[00133] CIRQUA'S LETTER SEEKING PAYMENT OF $66,480 INVOICE

[00134] ENTITIES FILE NOTICES OF SUBSTANTIAL STOCK OWNERSHIP

[00135] SCHOLASTIC POSTS $3.5MM BORDERS-RELATED BAD DEBT EXPENSE

[00136] BORDERS STORES TO HOST LEGO EVENT FOR KIDS ON MARCH 26

 

 

A copy of the newsletter can be purchased on-line with a major credit card at https://ecommerce.bankrupt.com/bin/ibl_re?co_name=BORDERS|GROUP for $45.  Copies of all back issues are also available for purchase at BCSI's on-line newsstand.

 

BORDERS GROUP BANKRUPTCY NEWS tracks the restructuring of Borders Group Inc (MI).

 

How to Subscribe to BORDERS GROUP BANKRUPTCY NEWS

 

BORDERS GROUP BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail.  New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases.  The subscription rate is $45 per issue.  Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax.  Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions.  Subscriptions may be canceled at any time without further obligation.

 

To continue receiving BORDERS GROUP BANKRUPTCY NEWS, please complete and submit the subscription form at https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=BORDERS|GROUP

GAO Report on Delphi Pension Probe Expected on March 31

FAIRLESS HILLS, Pa. -- The U.S. Government Accountability Office is set to release initial reports on the investigation on the difference in treatment of the Delphi unionized and salaried retirees.

Several sectors want an explanation why pension plans for Delphi's salaried retirees were terminated.

 

More stories on the Delphi case are available at DELPHI BANKRUPTCY NEWS, Issue No. 204, published by Bankruptcy Creditors' Service, Inc.

 

The 43-page newsletter contains stories with these headlines:

 

[02946] DELPHI AND RETIREES STIPULATE TO INITIATE ACTION VS. PBGC

[02947] RETIREES COMM. FILES FINAL RPT., SEEKS TRUST PACT CHANGES

[02948] DEBTORS' MOTION FOR LEAVE TO FILE AMENDED COMPLAINTS

[02949] DEBTORS' MOTION TO REVISE CASE MANAGEMENT ORDER

[02950] CREDITORS' MOTIONS FOR RELIEF FROM 4TH EXTENSION ORDER

[02951] DEBTORS' 43RD OMNIBUS OBJECTION TO CLAIMS

[02952] DEBTORS' 45TH OMNIBUS OBJECTION TO CLAIMS

[02953] DEBTORS' 47TH OMNIBUS OBJECTION TO CLAIMS

[02954] DEBTORS' NOTICE OF SUFFICIENCY HEARING TO OBJECTED CLAIMS

[02955] OHIO BUREAU'S MOTION TO FILE LATE CLAIM

[02956] WIEGEL'S MOTION FOR RELIEF FROM MODIFIED PLAN

[02957] DAVID ARMSTRONG'S MOTION TO DEEM CLAIM AS TIMELY FILED

[02958] TAL-PORT'S DEADLINE TO MOTION TO FILE LATE CLAIM

[02959] STIPULATIONS RESOLVING PARTIES' CURE CLAIMS

[02960] NAVISTAR'S NOTICE OF WITHDRAWAL OF CLAIMS

[02961] DELPHI TO ADDRESS GASOLINE ENGINES FUTURE AT VDA CONGRESS

[02962] DELPHI LAUNCHES USER-FRIENDLY eCATALOG PARTS LOCATOR

[02963] DELPHI PROGRAM REDUCES CO2 EMISSIONS AT EUROPEAN PLANTS

[02964] DELPHI OFFERS UPDATED TECHNICIAN TRAINING PROGRAMS

[02965] DELPHI LAUNCHES "WIN THE DELPHI DREAM SHOP" GIVEAWAY

[02966] DELPHI STRENGTHENS MICRO CHANNEL HEAT EXCHANGER PORTFOLIO

[02967] DELPHI TECHNOLOGIES FEATURED ON NEW CARS AT GENEVA SHOW

[02968] DELPHI-LED PARTNERSHIP PARTICIPATES AT 2011 ARPA-E SUMMIT

[02969] DELPHI DETAILS NEW DEVELOPMENT FOR DIESEL ENGINES

[02970] DELPHI GETS AWARD FOR EXCELLENCE IN TECHNOLOGY MANAGEMENT

[02971] DELPHI SOUND GENERATORS HELP WARN PEDESTRIANS OF E-CARS

[02972] DELPHI' SOLID OXIDE FUEL CELL INCLUDED IN EPA'S TECH LIST

[02973] DELPHI'S FUEL COMPATIBLE WITH EPA'S E15 MEASURE

[02974] DELPHI DISPLAYS MCHX EVAPORATOR AND CONDENSER AT AHR SHOW

[02975] DELPHI TO SHARE PROFITS TO WORKERS, TO MAKE INCENTIVE PAY

[02976] DELPHI & YSU GET $1MM STATE GRANT FOR HYBRID TECHNOLOGY

[02977] DELPHI SPENT $283,150 IN LOBBYING COSTS IN 2010

[02978] DELPHI SELLS WARREN PLANT, PLANS TO DEMOLISH HOWLAND BLDG

 

 

A copy of today's newsletter can be purchased on-line with a major credit card at https://ecommerce.bankrupt.com/bin/ibl_re?co_name=DELPHI for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.

 

DELPHI BANKRUPTCY NEWS tracks the restructuring of Delphi Corp.

 

How to Subscribe to DELPHI BANKRUPTCY NEWS

 

DELPHI BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail.  New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases.  The subscription rate is $45 per issue.  Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax.  Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions.  Subscriptions may be canceled at any time without further obligation.

 

To continue receiving DELPHI BANKRUPTCY NEWS, please complete and submit the subscription form at https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=DELPHI

 

U.S. Trustee Opposes Re-opening of Owens Case

FAIRLESS HILLS, Pa. -- The U.S. Trustee for Region 3 and several laws firms, representing asbestos claimants, is opposing the request of Garlock Sealing Technologies LLC to re-open and intervene in certain bankruptcy cases, including those of Owens Corning.  Garlock is seeking intervention to access Rule 2019 statements in those cases.

 

More stories on the Owens' case is available at OWENS CORNING BANKRUPTCY NEWS, Issue No. 201, published by Bankruptcy Creditors' Service, Inc.

 

The 13-page newsletter contains stories with these headlines:

 

[02415] GARLOCK SEALING'S MOTION TO ACCESS RULE 2019 STATEMENTS

[02416] GARLOCK'S MOTION TO RE-OPEN CH.11 CASES FOR 2019 ACCESS

[02417] GARLOCK'S MOTION TO INTERVENE IN 12 BANKRUPTCY CASES

[02418] OWENS CORNING DIRECTORS DISCLOSE OWNERSHIP OF OWEN SHARES

[02419] VIKING GLOBAL, ET AL., DISCLOSE STAKE IN OWENS CORNING

[02420] FMR LLC DISCLOSES 15.397% STAKE IN OWENS CORNING

[02421] WAYZATA & HALLORAN DISCLOSES 12% STAKE IN OWENS CORNING

[02422] OWENS CORNING RELEASES 4TH QTR & FULL YEAR 2010 RESULTS

[02423] OWENS WORKERS IN AIKEN PLANT ON STRIKE OVER CONTRACT

[02424] OWENS CORNING TO EXPAND PRODUCTION AT TLAXCALA FACILITY

[02425] OWENS CORNING INTRODUCES GLASS FIBER REINFORCEMENTS GUIDE

[02426] OWENS OPENS NEW MANUFACTURING FACILITY IN HANGZHOU, CHINA

 

 

A copy of the newsletter can be purchased on-line with a major credit card at https://ecommerce.bankrupt.com/bin/ibl_re?co_name=OWENS|CORNING  for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.

 

OWENS CORNING BANKRUPTCY NEWS tracks the restructuring of Exterior Systems Inc, Fibreboard Corp, Integrex Ventures LLC, Owens Corning and Soltech Inc.

 

How to Subscribe to OWENS CORNING BANKRUPTCY NEWS

 

OWENS CORNING BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail.  New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases.  The subscription rate is $45 per issue.  Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax.  Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions.  Subscriptions may be canceled at any time without further obligation.

 

To continue receiving OWENS CORNING BANKRUPTCY NEWS, please complete and submit the subscription form at https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=OWENS|CORNING

GAO Report on Delphi Pension Probe Expected on March 31

FAIRLESS HILLS, Pa. -- The U.S. Government Accountability Office is set to release initial reports on the investigation on the difference in treatment of the Delphi unionized and salaried retirees.

Several sectors want an explanation why pension plans for Delphi's salaried retirees were terminated.

 

More stories on the Delphi case are available at DELPHI BANKRUPTCY NEWS, Issue No. 204, published by Bankruptcy Creditors' Service, Inc.

 

The 43-page newsletter contains stories with these headlines:

 

[02946] DELPHI AND RETIREES STIPULATE TO INITIATE ACTION VS. PBGC

[02947] RETIREES COMM. FILES FINAL RPT., SEEKS TRUST PACT CHANGES

[02948] DEBTORS' MOTION FOR LEAVE TO FILE AMENDED COMPLAINTS

[02949] DEBTORS' MOTION TO REVISE CASE MANAGEMENT ORDER

[02950] CREDITORS' MOTIONS FOR RELIEF FROM 4TH EXTENSION ORDER

[02951] DEBTORS' 43RD OMNIBUS OBJECTION TO CLAIMS

[02952] DEBTORS' 45TH OMNIBUS OBJECTION TO CLAIMS

[02953] DEBTORS' 47TH OMNIBUS OBJECTION TO CLAIMS

[02954] DEBTORS' NOTICE OF SUFFICIENCY HEARING TO OBJECTED CLAIMS

[02955] OHIO BUREAU'S MOTION TO FILE LATE CLAIM

[02956] WIEGEL'S MOTION FOR RELIEF FROM MODIFIED PLAN

[02957] DAVID ARMSTRONG'S MOTION TO DEEM CLAIM AS TIMELY FILED

[02958] TAL-PORT'S DEADLINE TO MOTION TO FILE LATE CLAIM

[02959] STIPULATIONS RESOLVING PARTIES' CURE CLAIMS

[02960] NAVISTAR'S NOTICE OF WITHDRAWAL OF CLAIMS

[02961] DELPHI TO ADDRESS GASOLINE ENGINES FUTURE AT VDA CONGRESS

[02962] DELPHI LAUNCHES USER-FRIENDLY eCATALOG PARTS LOCATOR

[02963] DELPHI PROGRAM REDUCES CO2 EMISSIONS AT EUROPEAN PLANTS

[02964] DELPHI OFFERS UPDATED TECHNICIAN TRAINING PROGRAMS

[02965] DELPHI LAUNCHES "WIN THE DELPHI DREAM SHOP" GIVEAWAY

[02966] DELPHI STRENGTHENS MICRO CHANNEL HEAT EXCHANGER PORTFOLIO

[02967] DELPHI TECHNOLOGIES FEATURED ON NEW CARS AT GENEVA SHOW

[02968] DELPHI-LED PARTNERSHIP PARTICIPATES AT 2011 ARPA-E SUMMIT

[02969] DELPHI DETAILS NEW DEVELOPMENT FOR DIESEL ENGINES

[02970] DELPHI GETS AWARD FOR EXCELLENCE IN TECHNOLOGY MANAGEMENT

[02971] DELPHI SOUND GENERATORS HELP WARN PEDESTRIANS OF E-CARS

[02972] DELPHI' SOLID OXIDE FUEL CELL INCLUDED IN EPA'S TECH LIST

[02973] DELPHI'S FUEL COMPATIBLE WITH EPA'S E15 MEASURE

[02974] DELPHI DISPLAYS MCHX EVAPORATOR AND CONDENSER AT AHR SHOW

[02975] DELPHI TO SHARE PROFITS TO WORKERS, TO MAKE INCENTIVE PAY

[02976] DELPHI & YSU GET $1MM STATE GRANT FOR HYBRID TECHNOLOGY

[02977] DELPHI SPENT $283,150 IN LOBBYING COSTS IN 2010

[02978] DELPHI SELLS WARREN PLANT, PLANS TO DEMOLISH HOWLAND BLDG

 

 

A copy of today's newsletter can be purchased on-line with a major credit card at https://ecommerce.bankrupt.com/bin/ibl_re?co_name=DELPHI for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.

 

DELPHI BANKRUPTCY NEWS tracks the restructuring of Delphi Corp.

 

How to Subscribe to DELPHI BANKRUPTCY NEWS

 

DELPHI BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail.  New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases.  The subscription rate is $45 per issue.  Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax.  Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions.  Subscriptions may be canceled at any time without further obligation.

 

To continue receiving DELPHI BANKRUPTCY NEWS, please complete and submit the subscription form at https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=DELPHI

U.S. Trustee Opposes Re-opening of Owens Case

FAIRLESS HILLS, Pa. -- The U.S. Trustee for Region 3 and several laws firms, representing asbestos claimants, is opposing the request of Garlock Sealing Technologies LLC to re-open and intervene in certain bankruptcy cases, including those of Owens Corning.  Garlock is seeking intervention to access Rule 2019 statements in those cases.

 

More stories on the Owens' case is available at OWENS CORNING BANKRUPTCY NEWS, Issue No. 201, published by Bankruptcy Creditors' Service, Inc.

 

The 13-page newsletter contains stories with these headlines:

 

[02415] GARLOCK SEALING'S MOTION TO ACCESS RULE 2019 STATEMENTS

[02416] GARLOCK'S MOTION TO RE-OPEN CH.11 CASES FOR 2019 ACCESS

[02417] GARLOCK'S MOTION TO INTERVENE IN 12 BANKRUPTCY CASES

[02418] OWENS CORNING DIRECTORS DISCLOSE OWNERSHIP OF OWEN SHARES

[02419] VIKING GLOBAL, ET AL., DISCLOSE STAKE IN OWENS CORNING

[02420] FMR LLC DISCLOSES 15.397% STAKE IN OWENS CORNING

[02421] WAYZATA & HALLORAN DISCLOSES 12% STAKE IN OWENS CORNING

[02422] OWENS CORNING RELEASES 4TH QTR & FULL YEAR 2010 RESULTS

[02423] OWENS WORKERS IN AIKEN PLANT ON STRIKE OVER CONTRACT

[02424] OWENS CORNING TO EXPAND PRODUCTION AT TLAXCALA FACILITY

[02425] OWENS CORNING INTRODUCES GLASS FIBER REINFORCEMENTS GUIDE

[02426] OWENS OPENS NEW MANUFACTURING FACILITY IN HANGZHOU, CHINA

 

 

A copy of the newsletter can be purchased on-line with a major credit card at https://ecommerce.bankrupt.com/bin/ibl_re?co_name=OWENS|CORNING  for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.

 

OWENS CORNING BANKRUPTCY NEWS tracks the restructuring of Exterior Systems Inc, Fibreboard Corp, Integrex Ventures LLC, Owens Corning and Soltech Inc.

 

How to Subscribe to OWENS CORNING BANKRUPTCY NEWS

 

OWENS CORNING BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail.  New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases.  The subscription rate is $45 per issue.  Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax.  Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions.  Subscriptions may be canceled at any time without further obligation.

 

To continue receiving OWENS CORNING BANKRUPTCY NEWS, please complete and submit the subscription form at https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=OWENS|CORNING

Borders Modifies Trade Terms With Vendors, Sets $8MM for Bonuses

FAIRLESS HILLS, Pa. -- Borders Group Inc. has sought court approval of modified trade terms to be applied to its relationship with its vendors.  Among other things, Borders want to reduce the amount of goods returned to vendors.

 

Borders is also earmarking $8.3 million for key employee bonuses and retention payments.  About $7.1 million of the amount consists the maximum range of incentive payments that can be made available to the company's top executives upon the achievement of target goals.

 

Detailed terms of Borders' proposed key employee incentive and retention plans and the creditors committee's proposed information protocol is available at BORDERS GROUP BANKRUPTCY NEWS, Issue No. 8, published by Bankruptcy Creditors' Service, Inc.

 

 

The 17-page newsletter contains stories with these headlines:

 

[00125] BORDERS BEGINS LIQUIDATION OF 26 ADDITIONAL STORES

[00126] PUBLISHERS REMAIN CAUTIOUS OF BORDERS' BANKRUPTCY PLAN

[00127] DEBTORS' MOTION FOR KEY EMPLOYEE BONUS/RETENTION PLANS

[00128] BORDERS GETS FINAL APPROVAL OF $505MM DIP CREDIT FACILITY

[00129] DEBTORS' MOTION TO MODIFY TRADE TERMS WITH VENDORS

[00130] COMMITTEE'S MOTION TO OKAY CREDITOR INFORMATION PROTOCOL

[00131] COVENTRY RETAIL'S MOTION TO LIFT STAY TO EVICT DEBTOR

[00132] SN WARRANTY'S MOTION TO COMPEL LEASE DECISION

[00133] CIRQUA'S LETTER SEEKING PAYMENT OF $66,480 INVOICE

[00134] ENTITIES FILE NOTICES OF SUBSTANTIAL STOCK OWNERSHIP

[00135] SCHOLASTIC POSTS $3.5MM BORDERS-RELATED BAD DEBT EXPENSE

[00136] BORDERS STORES TO HOST LEGO EVENT FOR KIDS ON MARCH 26

 

 

A copy of the newsletter can be purchased on-line with a major credit card at https://ecommerce.bankrupt.com/bin/ibl_re?co_name=BORDERS|GROUP for $45.  Copies of all back issues are also available for purchase at BCSI's on-line newsstand.

 

BORDERS GROUP BANKRUPTCY NEWS tracks the restructuring of Borders Group Inc (MI).

 

How to Subscribe to BORDERS GROUP BANKRUPTCY NEWS

 

BORDERS GROUP BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail.  New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases.  The subscription rate is $45 per issue.  Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax.  Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions.  Subscriptions may be canceled at any time without further obligation.

 

To continue receiving BORDERS GROUP BANKRUPTCY NEWS, please complete and submit the subscription form at https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=BORDERS|GROUP

 

Court Closes 2 More ASARCO Affiliate Cases

FAIRLESS HILLS, Pa. -- Judge Richard Schmidt of the U.S. Bankruptcy Court for the Southern District of Texas has closed two more affiliate cases of ASARCO LLC.  They are the cases of Encycle Inc. and Government Gulch Mining Company, Limited.

 

More stories on the ASARCO LLC case, including a court order granting the ASARCO Plan Administrator authority to distribute certain unclaimed funds, are available at ASARCO BANKRUPTCY NEWS, Issue No. 152, published today by Bankruptcy Creditors' Service, Inc.

 

The 15-page newsletter contains stories with these headlines:

 

[02574] BANKRUPTCY COURT CLOSES TWO MORE ASARCO AFFILIATE CASES

[02575] PLAN ADMINISTRATOR'S MOTION TO DISTRIBUTE UNCLAIMED FUNDS

[02576] JOINT MOTION TO WITHDRAW REFERENCE OF CONFIRMATION ISSUES

[02577] DEBTORS' OBJECTION TO 15 UNSECURED CLAIMS

[02578] PLAN ADMINISTRATOR'S OBJECTIONS TO CREDITORS' CLAIMS

[02579] PLAN ADMINISTRATOR'S OBJECTION TO VICTOR KARL'S CLAIM

[02580] DEBTORS' 35TH OMNIBUS OBJECTION TO CLAIMS

[02581] PARTIES FILE NOTICES OF ADDRESS CHANGE

[02582] NOTICES OF CLAIM TRANSFERS -- February 2011

[02583] PUGA REVEALS SALE OF OXYGEN PLANT COMPONENT & SCRAP METAL

[02584] TEXAS TRUST AWARDS DEMOLITION CONTRACT TO BRANDENBURG

[02585] ENCYCLE/ASARCO PLANT DEMOLITION BEGINS DESPITE PROTESTS

[02586] DRIVER HURT IN SILVER BELL MINE ROLLOVER ACCIDENT

 

A copy of today's newsletter can be purchased on-line with a major credit card at https://ecommerce.bankrupt.com/bin/ibl_re?co_name=ASARCO for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.

 

ASARCO BANKRUPTCY NEWS tracks the restructuring of Asarco LLC, CAPCO Pipe Company Inc, Cement Asbestos Products Co, Encycle/Texas Inc, LAQ Canada Ltd, Lac d'Amiante Du Quebec Ltee and Lake Asbestos of Quebec Ltd.

 

How to Subscribe to ASARCO BANKRUPTCY NEWS

 

ASARCO BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail.  New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases.  The subscription rate is $45 per issue.  Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax.  Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions.  Subscriptions may be canceled at any time without further obligation.

 

To continue receiving ASARCO BANKRUPTCY NEWS, please complete and submit the subscription form at https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=ASARCO

Borders to Continue Call Center Pacts with Sutherland

FAIRLESS HILLS, Pa. -- Borders Group, Inc. is seeking court approval for the continuance of its business relationship with Sutherland Global Services, Inc.  Sutherland handles customer service calls for Borders.

 

Borders has also made known its intent to close 25 more store locations.  The closing sales for the additional stores are set to commence on or after March 24, 2011.

 

More news on the Borders' case, including the final court approval of Borders' $505 million bankruptcy financing, is available at BORDERS GROUP BANKRUPTCY NEWS, Issue No. 7, published today by Bankruptcy Creditors' Service, Inc.

 

 

The 24-page newsletter contains stories with these headlines:

[00100] BORDERS TO CLOSE 25 MORE STORES, SALES TO BEGIN MARCH 24
[00101] BORDERS GETS FINAL APPROVAL OF $505MM DIP CREDIT FACILITY
[00102] DEBTORS' MOTION FOR AUTHORITY TO USE CASH COLLATERAL
[00103] DEBTORS' MOTION TO APPROVE SUTHERLAND CONTACT AGREEMENTS
[00104] DEBTORS' MOTION TO USE EXISTING CASH MANAGEMENT SYSTEM
[00105] DEBTOR'S MOTION TO MAINTAIN EXISTING BANK ACCOUNTS
[00106] DEBTORS' MOTION TO CONTINUE USING BUSINESS FORMS
[00107] DEBTORS' MOTION TO CONTINUE USE OF CORPORATE CREDIT CARDS
[00108] DEBTOR'S MOTION TO EXTEND TIME TO COMPLY WITH SEC. 345
[00109] DEBTOR'S MOTION TO CONTINUE INTERCOMPANY TRANSACTIONS
[00110] DEBTORS' MOTION TO HONOR PREPETITION EMPLOYEE OBLIGATIONS
[00111] DEBTORS' MOTION TO SET UP CLAIMS TRADING PROTOCOL
[00112] DEBTORS' MOTION FOR INJUNCTION AGAINST UTILITY COMPANIES
[00113] DEBTORS' MOTION TO ESTABLISH LEASE REJECTION PROCEDURES
[00114] DEBTORS' NOTICE TO REJECT LEASE PACTS WITH B&G, ET AL.
[00115] DEBTORS' MOTION TO HIRE AP SERVICES AS CRISIS MANAGERS
[00116] DEBTORS' APPLICATION TO TAP JEFFRIES AS INVESTMENT BANKER
[00117] DEBTORS' APPLICATION TO EMPLOY DJM REALTY AS REALTOR
[00118] COMMITTEE'S APPLICATION TO RETAIN BDO AS FINC'L. ADVISOR
[00119] TOYS CENTER'S MOTION TO COMPEL POSTPETITION RENT PAYMENT
[00120] DELL MARKETING'S MOTION TO LIFT STAY TO ALLOW SET-OFF
[00121] RULE 2019 STATEMENT -- Menter Rudin & Trivelpiece
[00122] AGREE REALTY IN DEFAULT ON $8.9MM OF BORDERS-BACKED LOANS
[00123] WILEY & SONS POSTS BORDERS-RELATED $9MM BAD DEBT EXPENSE
[00124] BORDERS CELEBRATES EDUCATOR APPRECIATION DAYS


A copy of today's newsletter can be purchased on-line with a major credit card at https://ecommerce.bankrupt.com/bin/ibl_re?co_name=BORDERS|GROUP  for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.

BORDERS GROUP BANKRUPTCY NEWS tracks the restructuring of Borders Group Inc (MI).

How to Subscribe to BORDERS GROUP BANKRUPTCY NEWS

BORDERS GROUP BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail.  New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases.  The subscription rate is $45 per issue.  Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax.  Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions.  Subscriptions may be canceled at any time without further obligation.

To continue receiving BORDERS GROUP BANKRUPTCY NEWS, please complete and submit the subscription form at https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=BORDERS|GROUP

Professionals Have Until May 2 to File Final Fee Applications

FAIRLESS HILLS, Pa. -- Professionals hired in the Chapter 11 cases of Mesa Air Group and its debtor affiliates have until May 2 to file their final applications for payment of fees and reimbursment of expenses.  The deadline was set in connection with the airline's recent emergence from bankruptcy.

More news on the Mesa Air case, including settlements of lease rejection claims and a settlement resolving Bombardier's claims against the airline, are available at MESA AIR Bankruptcy News, Issue No. 38 published by Bankruptcy Creditors' Service, Inc.

The 15-page newsletter contains stories with these headlines:

[00405] FINAL FEE APPLICATIONS FILING DEADLINE SET AT MAY 2

[00406] POST-EFFECTIVE DATE SETTLEMENT OF LEASE REJECTION CLAIMS

[00407] SETTLEMENT RESOLVING BOMBARDIER ADMINISTRATIVE CLAIMS

[00408] DEBTORS SETTLE INDEMNITY & AIRCRAFT CLAIMS

[00409] SETTLEMENT ALLOWING ARIZONA REVENUE DEPARTMENT CLAIMS

[00410] DEBTORS' 6TH OMNIBUS OBJECTION TO CLAIMS

[00411] TRAVIS COUNTY'S MOTION FOR PAYMENT OF ADMIN. EXPENSES

[00412] ELFC'S MOTION TO ALLOW ADMIN. EXPENSES TOTALING $558,670

[00413] E. GILLETTE'S MOTION TO LIFT STAY TO PURSUE RIGHTS ACTION

[00414] NOTICES OF STATUS AS SUBSTANTIAL CLAIMHOLDER

[00415] NOTICES OF INTENT TO SELL/TRADE/TRANSFER EQUITY INTEREST

[00416] NOTICES OF CLAIM TRANSFERS -- February 2011

[00417] NOTICES OF CLAIM TRANSFERS -- March 2011

[00418] CREDITORS WITHDRAW CLAIMS -- February 2011

[00419] MESA AIRLINES RANK NO. 1 U.S. REGIONAL AIRLINE IN 2010

[00420] PILOTS NEGOTIATE FAIR PACT TO SHARE IN MESA SUCCESS

A copy of today's newsletter can be purchased on-line with a major credit card at <a href="https://ecommerce.bankrupt.com/bin/ibl_re?co_name=MESA|AIR">https://ecommerce.bankrupt.com/bin/ibl_re?co_name=MESA|AIR</a> for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.

MESA AIR BANKRUPTCY NEWS tracks the restructuring of Mesa Air Group Inc.

How to Subscribe to MESA AIR BANKRUPTCY NEWS

MESA AIR BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail.  New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases.  The subscription rate is $45 per issue.  Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax.  Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions.  Subscriptions may be canceled at any time without further obligation.

To continue receiving MESA AIR BANKRUPTCY NEWS, please complete and submit the subscription form at <a href="https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=MESA|AIR">https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=MESA|AIR</a>

Company: Bankruptcy Creditors' Service, Inc. 

Contact: Peter A. Chapman 

Phone: (215) 945-7000 

Email: peter[@]bankrupt.com

Court Directs Borders to Make Changes to DIP Loan

FAIRLESS HILLS, Pa. -- Judge Martin Glenn of the U.S. Bankruptcy Court for the Southern District of New York said he will give final permission to Borders Group, Inc. and its debtor affiliates for access to a $505 million financing facility provided that the Debtors make certain changes to their credit agreement with lenders led by GA Capital LLC.

Borders has also been allowed more time to make decisions on its unexpired leases through September.

More news on the Borders' case, including several court orders with respect to utility injunction, pre-bankruptcy taxes, insurance programs, vendor obligations, and retention of certain bankruptcy professionals, are in BORDERS GROUP BANKRUPTCY NEWS, Issue No. 6 published by Bankruptcy Creditors' Service, Inc.


The 17-page newsletter contains stories with these headlines:

[00075] DEBTORS' MOTION TO OBTAIN $505-MIL. IN DIP FINANCING
[00076] DEBTORS' 1ST MOTION TO EXTEND LEASE DECISION PERIOD
[00077] DEBTORS' MOTION TO CONTINUE TO HONOR INSURANCE PROGRAMS
[00078] DEBTORS' MOTION TO PAY PREPETITION TAXES
[00079] DEBTORS' MOTION TO HONOR PREPETITION VENDOR OBLIGATIONS
[00080] DEBTORS' MOTION FOR INJUNCTION AGAINST UTILITY COMPANIES
[00081] DEBTORS' MOTION TO ESTABLISH LEASE REJECTION PROCEDURES
[00082] DEBTORS' MOTION FOR INTERIM COMPENSATION PROCEDURES
[00083] DEBTORS' MOTION TO EMPLOY ORDINARY COURSE PROFESSIONALS
[00084] DEBTORS' MOTION TO HIRE AP SERVICES AS CRISIS MANAGERS
[00085] DEBTORS' APPLICATION TO EMPLOY KASOWITZ BENSON AS COUNSEL
[00086] DEBTORS' APPLICATION TO HIRE DICKINSON WRIGHT AS COUNSEL
[00087] DEBTORS' APPLICATION TO TAP BAKER & MCKENZIE AS COUNSEL
[00088] DEBTORS' APPLICATION TO TAP JEFFRIES AS INVESTMENT BANKER
[00089] DEBTORS' APPLICATION TO EMPLOY DJM REALTY AS REALTOR
[00090] DEBTORS' APPLICATION TO HIRE GCG AS ADMINISTRATIVE AGENT
[00091] TOYS CENTER'S MOTION TO COMPEL POSTPETITION RENT PAYMENT
[00092] DELL MARKETING'S MOTION TO LIFT STAY TO ALLOW SET-OFF
[00093] ENTITIES FILE NOTICES OF SUBSTANTIAL STOCK OWNERSHIP
[00094] VENDORS FILE NOTICES OF RECLAMATION DEMAND
[00095] RULE 2019 STATEMENT -- Cole, Schotz, Meisel, Forman
[00096] RULE 2019 STATEMENT -- Levett Rockwood P.C.
[00097] RULE 2019 STATEMENT -- McCarthy & White, PLLC
[00098] RULE 2019 STATEMENT -- Russell R. Johnson III, PLC
[00099] RULE 2019 STATEMENT -- Womble Carlyle Sandridge & Rice


A copy of today's newsletter can be purchased on-line with a major credit card at https://ecommerce.bankrupt.com/bin/ibl_re?co_name=BORDERS|GROUP  for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.

BORDERS GROUP BANKRUPTCY NEWS tracks the restructuring of Borders Group Inc (MI).

How to Subscribe to BORDERS GROUP BANKRUPTCY NEWS

BORDERS GROUP BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail.  New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases.  The subscription rate is $45 per issue.  Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax.  Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions.  Subscriptions may be canceled at any time without further obligation.

To continue receiving BORDERS GROUP BANKRUPTCY NEWS, please complete and submit the subscription form at https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=BORDERS|GROUP



Company: Bankruptcy Creditors' Service, Inc.
Contact: Peter A. Chapman
Phone: (215) 945-7000
Email: peter[@]bankrupt.com

Ambac Restructures HQ Lease, Reports $81MM Loss in 4th Qtr

FAIRLESS HILLS, Pa. -- Ambac Financial Group, Inc. is seeking a restructured lease of its headquarters premises with lessor, One State Street, LLC.  The Company is seeking reduced rental dues and reduced space.

Ambac has also filed its fourth quarter and full year 2010 financial results.  It reported $29 billion in assets and $30.4 billion in liabilities.

More details on Ambac's 2010 annual report and new headquarters lease agreement, as well as other Ambac bankruptcy-related stories, are in AMBAC BANKRUPTCY NEWS, Issue No. 15 published by Bankruptcy Creditors' Service, Inc.

The 23-page newsletter contains stories with these headlines:

[00144] AMBAC FINANCIAL GROUP RELEASES 4TH QTR./FY 2010 RESULTS
[00145] DEBTOR'S MOTION TO APPROVE ONE STATE STREET SETTLEMENT
[00146] ADVERSARY PROCEEDING -- AFG vs. Karthikeyan Veera
[00147] DEBTOR'S MOTION TO SET UP CLAIMS OBJECTION PROCEDURES
[00148] DEBTOR'S APPLICATION TO EMPLOY CORNERSTORE RESEARCH
[00149] OFFICERS DISCLOSE OWNERSHIP OF AFG COMMON STOCK


A copy of today's newsletter can be purchased on-line with a major credit card at <a href="https://ecommerce.bankrupt.com/bin/ibl_re?co_name=AMBAC">https://ecommerce.bankrupt.com/bin/ibl_re?co_name=AMBAC</a> for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.

AMBAC BANKRUPTCY NEWS tracks the restructuring of Ambac Financial Group Inc.

How to Subscribe to AMBAC BANKRUPTCY NEWS

AMBAC BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail.  New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases.  The subscription rate is $45 per issue.  Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax.  Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions.  Subscriptions may be canceled at any time without further obligation.

To continue receiving AMBAC BANKRUPTCY NEWS, please complete and submit the subscription form at https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=AMBAC


Company: Bankruptcy Creditors' Service, Inc.
Contact: Peter A. Chapman
Phone: (215) 945-7000
Email: peter[@]bankrupt.com

Appeals to Grace Confirmation Order Due March 18

FAIRLESS HILLS, Pa. -- District Court Judge Ronald Buckwalter has set March 18 as the deadline for filing of appeals from the Bankruptcy Court's order confirming the plan of reorganization for W.R. Grace & Co. and its debtor affiliates.  

More news on the W.R. Grace case, including the company's pro forma financial information as of Dec. 2010 and the $43 million settlement with Libby asbestos victims, are in W.R. GRACE BANKRUPTCY NEWS, Issue No. 227 published by Bankruptcy Creditors' Service, Inc.

The 18-page newsletter contains stories with these headlines:

[02429] DIST. COURT SETS DEADLINE FOR APPEALS TO JAN. 31 ORDER

[02430] PLAN PROPONENTS' MOTION TO CLARIFY CONFIRMATION ORDER

[02431] BNSF RAILWAY'S MOTION TO RECONSIDER JAN. 31 ORDER

[02432] PARTIES FILE PLAN-RELATED DISCOVERY NOTICES & DOCUMENTS

[02433] DEBTORS' MOTION TO APPROVE SETTLEMENT OF MASSDEP CLAIMS

[02434] FCR'S APPLICATION TO RETAIN ORRICK HERRINGTON AS COUNSEL

[02435] GARLOCK SEALING'S MOTION FOR ACCESS TO 2019 STATEMENTS

[02436] YORK, ET AL.'S NOTICES OF INTENT TO ACQUIRE EQUITY SHARES

[02437] MARKS, O'NEILL, O'BRIEN & COURTNET CHANGES FIRM ADDRESS

[02438] CLAIMS TRANSFER -- Feb. 11 to March 9, 2011

[02439] GRACE RELEASES PRO FORMA FINANCIAL INFO AS OF DEC. 2010

[02440] GRACE COMPENSATION PANEL APPROVES ANNUAL INCENTIVE PAY

[02441] MONTANA & LIBBY VICTIMS NEGOTIATE $43-MIL. SETTLEMENT

[02442] GRACE NAMES OHIO-BASED TECHNOLOGY COMPANY VERIFI

[02443] GRACE OPENS TECHNICAL SERVICE CENTER IN SOUTHERN INDIA

A copy of today's newsletter can be purchased on-line with a major credit card at <a href="https://ecommerce.bankrupt.com/bin/ibl_re?co_name=W.R.|GRACE">https://ecommerce.bankrupt.com/bin/ibl_re?co_name=W.R.|GRACE</a> for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.

W.R. GRACE BANKRUPTCY NEWS tracks the restructuring of W.R. Grace & Co and WR Grace & Co-Conn.

How to Subscribe to W.R. GRACE BANKRUPTCY NEWS

W.R. GRACE BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail.  New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases.  The subscription rate is $45 per issue.  Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax.  Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions.  Subscriptions may be canceled at any time without further obligation.

To continue receiving W.R. GRACE BANKRUPTCY NEWS, please complete and submit the subscription form at <a href="https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=W.R.|GRACE">https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=W.R.|GRACE</a>

Company: Bankruptcy Creditors' Service, Inc. 

Contact: Peter A. Chapman 

Phone: (215) 945-7000 

Email: peter[@]bankrupt.com

Borders Aims to Present Formal Plan in April

FAIRLESS HILLS, Pa. -- Borders Group, Inc. is working towards the preparation of a formal business plan to be presented to its creditors in early April, and ultimately emerge from bankruptcy in September.

 

Borders' proposed $505 million postpetition financing has been opposed by the unsecured creditors committee.  The financing is up for the court's consideration on March 15.

 

More details on Borders' exit plans and bankruptcy financing, including the company's request for more time to decide on its unexpired leases, are in BORDERS GROUP BANKRUPTCY NEWS, Issue No. 5,
published by Bankruptcy Creditors' Service, Inc. 

 

The 29-page newsletter contains stories with these headlines:

[00059] BORDERS TARGETS BANKRUPTCY EXIT IN SEPTEMBER, SAYS CEO
[00060] BORDERS TO LIQUIDATE 75 ADDITIONAL STORES
[00061] DEBTORS' MOTION TO OBTAIN $505-MIL. IN DIP FINANCING
[00062] DEBTORS' 1ST MOTION TO EXTEND LEASE DECISION PERIOD
[00063] BORDERS GETS COURT NOD TO LIQUIDATE 200+ STORES
[00064] DEBTORS' MOTION FOR INJUNCTION AGAINST UTILITY COMPANIES
[00065] DEBTORS' MOTION TO ESTABLISH LEASE REJECTION PROCEDURES
[00066] DEBTORS' 1ST OMNIBUS MOTION TO REJECT UNEXPIRED LEASES
[00067] DEBTORS' MOTION TO ASSUME NCC WESTWOOD LEASE
[00068] DEBTORS' APPLICATION TO EMPLOY KASOWITZ BENSON AS COUNSEL
[00069] DEBTORS' APPLICATION TO HIRE DICKINSON WRIGHT AS COUNSEL
[00070] COMMITTEE'S APPLICATION TO RETAIN LOWENSTEIN SANDLER
[00071] NYSE DELISTS BORDERS GROUP COMMON STOCK
[00072] BORDERS MAY EMERGE FROM BANKRUPTCY IN SMALLER FORM
[00073] MANGA PUBLISHER LAYS OFF STAFF, CITES BORDERS BANKRUPTCY
[00074] BORDERS CELEBRATES MARCH AS KID'S READING MONTH


A copy of today's newsletter can be purchased on-line with a major credit card at https://ecommerce.bankrupt.com/bin/ibl_re?co_name=BORDERS|GROUP for $45.  Copies of all back issues are also available for  purchase at BCSI's on-line newsstand.

BORDERS GROUP BANKRUPTCY NEWS tracks the restructuring of Borders Group Inc (MI).

How to Subscribe to BORDERS GROUP BANKRUPTCY NEWS

BORDERS GROUP BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail.  New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases.  The subscription rate is $45 per issue.  Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax.  Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions.  Subscriptions may be canceled at any time without further obligation.

To continue receiving BORDERS GROUP BANKRUPTCY NEWS, please complete and submit the subscription form at https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=BORDERS|GROUP

 

 

Company: Bankruptcy Creditors' Service, Inc. 

Contact: Peter A. Chapman 

Phone: (215) 945-7000 

Email: peter[@]bankrupt.com

Wilmington Trust to Continue to Hold $14.6-Mil. In Escrow

FAIRLESS HILLS, Pa. -- Judge Allan Gropper of the U.S. Bankruptcy Court for the Southern District of New York allowed Wilmington Trust Company to continue to hold in escrow the $14.6 million deposit by General Growth Properties, Inc., including possible payments of fees and expenses.

More news on the General Growth case, including the reorganized company's refinancing of its mortgage debt and the closure of non-revenue generating malls, are in GENERAL GROWTH Bankruptcy News, Issue No. 81 published by Bankruptcy Creditors' Service, Inc.

The 22-page newsletter contains stories with these headlines:

[01275] NEW GGP TO REFINANCE $5-BIL. MORTGAGE DEBT, CEO SAYS

[01276] NEW GGP AMENDS $300MM SECURED REVOLVING CREDIT FACILITY

[01277] NEW GGP TO SELL OFF 19 NON-REVENUE GENERATING MALLS

[01278] DEBTORS' MOTION TO DEEM CURE OBJECTIONS AS RESOLVED

[01279] DEBTORS OBJECT TO WILMINGTON TRUST'S REQUEST FOR FEES

[01280] DEBTORS' 76TH TO 79TH OMNIBUS OBJECTIONS TO CLAIMS

[01281] DEBTORS' 80TH TO 84TH OMNIBUS OBJECTIONS TO CLAIMS

[01282] GENERAL TRUST'S MOTION TO ALLOW SEC. 503(B)(3) CLAIM

[01283] GEORGIA POWER'S MOTION TO PAY $216,022 CURE CLAIM

[01284] B. BRUBAKER'S MOTION TO LIFT STAY TO PURSUE TEXAS ACTION

[01285] BANKRUPTCY PROFESSIONALS FILE FEE APPLICATIONS

[01286] ROBERT MICHAELS STEPS DOWN AS VICE CHAIRMAN OF NEW GGP

[01287] THHC NAMES ANDREW RICHARDSON AS CHIEF FINANCIAL OFFICER

[01288] OLD GGP DEREGISTERS COMMON STOCK

[01289] FUTURE FUND DISCLOSES OWNERSHIP OF NEW GGP COMMON STOCK

[01290] NEW GGP SELLS ARIZONA CENTER FOR $136.5 MILLION

[01291] FITCH DOWNGRADES 10 SLICES OF $2.1-BILLION CMBS LOAN

[01292] FITCH AFFIRMS COLUMBIA ASSOCIATION SECURED BONDS AT 'AA+'

[01293] NEW GGP RELEASES FOURTH QUARTER/FULL YEAR 2010 RESULTS

A copy of today's newsletter can be purchased on-line with a major credit card at <a href="https://ecommerce.bankrupt.com/bin/ibl_re?co_name=GENERAL|GROWTH">https://ecommerce.bankrupt.com/bin/ibl_re?co_name=GENERAL|GROWTH</a> for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.

GENERAL GROWTH BANKRUPTCY NEWS tracks the restructuring of General Growth Properties Inc.

How to Subscribe to GENERAL GROWTH BANKRUPTCY NEWS

GENERAL GROWTH BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail.  New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases.  The subscription rate is $45 per issue.  Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax.  Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions.  Subscriptions may be canceled at any time without further obligation.

To continue receiving GENERAL GROWTH BANKRUPTCY NEWS, please complete and submit the subscription form at <a href="https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=GENERAL|GROWTH">https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=GENERAL|GROWTH</a>

Company: Bankruptcy Creditors' Service, Inc. 

Contact: Peter A. Chapman 

Phone: (215) 945-7000 

Email: peter[@]bankrupt.com

GM Settles Non-Owned Sites Liabilities for $54-Mil.

FAIRLESS HILLS, Pa. -- Motors Liquidation Company, formerly General Motors Corp., entered into an agreement settling its environmental liabilities at non-owned sites for $54 million.

More news on the General Motors case, including a bankruptcy court's bench decision on the confirmation objections to the automaker's plan of reorganization and the Court's approval of the $773-mil. settlement of GM's environmental liabilities, are in GENERAL MOTORS BANKRUPTCY NEWS, Issue No. 63 published by Bankruptcy Creditors' Service, Inc.

The 25-page newsletter contains stories with these headlines:

[01671] COURT ENTERS BENCH DECISION ON CONFIRMATION OBJECTIONS

[01672] GM SETTLES ENVIRONMENTAL LIABILITIES FOR $773 MILLION

[01673] OLD GM SETTLES LIABILITIES IN NON-OWNED SITES FOR $54MM

[01674] RULE 2019 STATEMENT -- Brown Rudnick LLP

[01675] NEW GM'S MOTION TO ENFORCE SALE ORDER & ENJOIN UAW SUIT

[01676] DEBTORS' MOTION TO REJECT DTE PONTIAC UTILITY PACT

[01677] DEBTORS' OBJECTION TO NUMMI'S CLAIM NO. 70842

[01678] DEBTORS' OBJECTION TO M. SCHWARTZ'S CLAIMS FOR $334MM

[01679] DEBTORS' OBJECTIONS TO NO SUFFICIENT DOCUMENTATION CLAIMS

[01680] DEBTORS' 17TH OMNIBUS OBJECTION TO CLAIMS

[01681] DEBTORS' 110TH OMNIBUS OBJECTION TO CLAIMS

[01682] DEBTORS' 160TH TO 162ND OMNIBUS OBJECTIONS TO CLAIMS

[01683] DEBTORS' 169TH TO 185TH OMNIBUS OBJECTIONS TO CLAIMS

[01684] DEBTORS' OBJECTIONS TO SECTION 503(b)(9) CLAIMS

[01685] STIPULATION RESOLVING TREASURY DEPARTMENT CLAIMS

[01686] STIPULATION RESOLVING INTERNAL REVENUE SERVICE'S CLAIMS

[01687] STIPULATION RESOLVING FLEXTRONICS, ET AL. CLAIMS

[01688] TWO DIRECTORS DISCLOSE OWNERSHIP OF GM COMMON STOCK

[01689] DIRECTORS DISCLOSE OWNERSHIP OF NEW GM RESTRICTED STOCK

[01690] EXECUTIVES DISCLOSE OWNERSHIP OF GM STOCK GRANTS

[01691] OLD GM CREDITORS TO RECEIVE NEW GM STOCK ON APRIL 1

[01692] 476 WORKERS AVAIL OF GM'S EARLY RETIREMENT PACKAGES

A copy of today's newsletter can be purchased on-line with a major credit card at <a href="https://ecommerce.bankrupt.com/bin/ibl_re?co_name=GENERAL|MOTORS">https://ecommerce.bankrupt.com/bin/ibl_re?co_name=GENERAL|MOTORS</a> for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.

GENERAL MOTORS BANKRUPTCY NEWS tracks the restructuring of Chevrolet-Saturn of Harlem Inc, General Motors Corp, Saturn Distribution Corporation and Saturn LLC.

How to Subscribe to GENERAL MOTORS BANKRUPTCY NEWS

GENERAL MOTORS BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail.  New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases.  The subscription rate is $45 per issue.  Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax.  Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions.  Subscriptions may be canceled at any time without further obligation.

To continue receiving GENERAL MOTORS BANKRUPTCY NEWS, please complete and submit the subscription form at <a href="https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=GENERAL|MOTORS">https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=GENERAL|MOTORS</a>

Company: Bankruptcy Creditors' Service, Inc. 

Contact: Peter A. Chapman 

Phone: (215) 945-7000 

Email: peter[@]bankrupt.com

Tribune Posts $8.9-Mil. Net Loss for Month Ended Jan. 30, 2011

FAIRLESS HILLS, Pa. -- Tribune Company and its debtor affiliates
posted $8.9 million net loss for the month ended Jan. 30, 2011,
compared to a $43.3 million net income for the month ended Dec. 26,
2010.

More news on the Tribune case, including updates on the publisher's
two-week plan confirmation trial and its recent request to further
extend the termination date of its $30 million letter of credit
facility until 2011, are in TRIBUNE BANKRUPTCY NEWS, Issue No. 70,
published by Bankruptcy Creditors' Service, Inc.

The 29-page newsletter contains stories with these headlines:


[01180] COURT STARTS TWO-WEEK TRIAL ON TRIBUNE PLAN CONFIRMATION
[01181] DEBTORS' MOTION TO AMEND $30-MIL. CREDIT PACT W/ BARCLAYS
[01182] AURELIUS, ET AL., FILE AMENDED PLAN FOR TRIBUNE COMPANY
[01183] CONFIRMATION OBJECTIONS -- Debtors, Committee, et al.
[01184] CONFIRMATION OBJECTION -- Aurelius, et al.
[01185] CONFIRMATION OBJECTIONS -- 16 Creditors
[01186] CONFIRMATION OBJECTION -- Tribune Officers and Directors
[01187] COURT AMENDS PLAN CONFIRMATION SCHEDULING ORDER
[01188] EPIQ FILES PLAN VOTING AND TABULATION RESULTS
[01189] PARTIES FILE PLAN- & LBO-RELATED DISCOVERY REQUESTS
[01190] DEBTORS' 5TH MOTION TO EXTEND REMOVAL PERIOD
[01191] DEBTORS' MOTION TO ESTABLISH CURE AMOUNTS PROCEDURES
[01192] ADVERSARY PROCEEDINGS -- Committee vs. 212 Counterparties
[01193] DEBTORS' MOTION TO OK $52MM CONTRIBUTION TO FOOD NETWORK
[01194] DEBTORS' APPLICATION TO EMPLOY NOVACK AS SPECIAL COUNSEL
[01195] DEBTORS' APPLICATION TO EMPLOY SIDLEY AUSTIN AS COUNSEL
[01196] DEBTORS' APPLICATION TO HIRE ERNST & YOUNG AS VALUATOR
[01197] COMMITTEE'S APPLICATION TO HIRE CHADBOURNE AS COUNSEL
[01198] DEBTORS' MOTION TO EMPLOY ORDINARY COURSE PROFESSIONALS
[01199] DEBTORS' 39TH OMNIBUS OBJECTION TO CLAIMS
[01200] DEBTORS' 40TH OMNIBUS OBJECTION TO CLAIMS
[01201] DEBTORS' 41ST OMNIBUS OBJECTION TO CLAIMS
[01202] DEBTORS' 42ND OMNIBUS OBJECTION TO CLAIMS
[01203] JOHN ASPELIN SENDS LETTER TO COURT REGARDING BANKRUPTCY
[01204] RULE 2019 STATEMENT -- Dewey & LeBoeuf
[01205] BANKRUPTCY PROFESSIONALS' FEE APPLICATIONS
[01206] ILLINOIS COURT CERTIFIES TRIBUNE CO. WORKERS' ERISA SUIT
[01207] DEBTORS' MONTHLY OPERATING REPORT -- Ended Jan. 30, 2011

A copy of today's newsletter can be purchased on-line with a major
credit card at <a
href="https://ecommerce.bankrupt.com/bin/ibl_re?co_name=TRIBUNE">https://ecommerce.bankrupt.com/bin/ibl_re?co_name=TRIBUNE</a>
for $45. Copies of all back issues are also available for purchase at
BCSI's on-line newsstand.

TRIBUNE BANKRUPTCY NEWS tracks the restructuring of Tribune Co.

How to Subscribe to TRIBUNE BANKRUPTCY NEWS

TRIBUNE BANKRUPTCY NEWS is distributed to paying subscribers by
electronic mail.  New issues are published on an ad hoc basis as
significant activity occurs (generally every 10 to 20 days) in the
Debtors' cases.  The subscription rate is $45 per issue.  Newsletters
are delivered via e-mail; invoices, transmitted following publication
of each newsletter issue, arrive by fax.  Distribution to multiple
individuals at the same firm is provided at no additional charge;
folks outside of your firm should set-up and pay for their own
subscriptions.  Subscriptions may be canceled at any time without
further obligation.

To continue receiving TRIBUNE BANKRUPTCY NEWS, please complete and
submit the subscription form at <a
href="https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=TRIBUNE">https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=TRIBUNE</a>

Company: Bankruptcy Creditors' Service, Inc.
Contact: Peter A. Chapman
Phone: (215) 945-7000
Email: peter[@]bankrupt.com

Nancy Rapoport Seeks Appointment as Station Casinos Fee Examiner

FAIRLESS HILLS, Pa. -- Nancy Rapoport filed an application seeking
appointment as fee examiner in the Chapter 11 cases of Station Casinos
Inc. and its debtor affiliates.  Ms. Rapoport has served as fee
examiner in the Chapter 11 cases of Pilgrim's Pride Corp. and Mirant
Corp.

More news on the Station Casinos case, including a stipulation entered
into by the Debtors and Commonwealth Advisors, Inc., regarding the
extent of CAI's participation in the Propco Rights Offering, are in
STATION CASINOS BANKRUPTCY NEWS, Issue No. 37, published by Bankruptcy
Creditors' Service, Inc.

The 15-page newsletter contains stories with these headlines:


[00409] DEBTORS' MOTION TO AMEND PLAN & CONFIRM PLAN AS MODIFIED
[00410] DEBTORS' MOTION TO DETERMINE ZERO INCOME TAX LIABILITY
[00411] STATION CASINOS TO KEEP NAME POST-BANKRUPTCY, COO SAYS
[00412] TPG CAPITAL & APOLLO TO TAKE OVER ALIANTE STATION
[00413] N. RAPOPORT'S APPLICATION FOR APPOINTMENT AS FEE EXAMINER
[00414] RETAINED PROFESSIONALS FILE MONTHLY FEE STATEMENTS
[00415] BANKRUPTCY PROFESSIONALS' 2ND INTERIM FEE APPLICATIONS
[00416] BANKRUPTCY PROFESSIONALS' 3RD INTERIM FEE APPLICATIONS
[00417] BANKRUPTCY PROFESSIONALS' 4TH INTERIM FEE APPLICATIONS
[00418] BANKRUPTCY PROFESSIONALS FILE FINAL FEE APPLICATIONS
[00419] SCI'S MONTHLY OPERATING REPORT -- November 2010
[00420] SCI'S MONTHLY OPERATING REPORT -- December 2010
[00421] VARIOUS DEBTORS' MONTHLY OPERATING REPORTS -- Nov. 2010
[00422] VARIOUS DEBTORS' MONTHLY OPERATING REPORTS -- Dec. 2010


A copy of today's newsletter can be purchased on-line with a major
credit card at <a
href="https://ecommerce.bankrupt.com/bin/ibl_re?co_name=STATION|CASINOS">https://ecommerce.bankrupt.com/bin/ibl_re?co_name=STATION|CASINOS

</a>
for $45. Copies of all back issues are also available for purchase at
BCSI's on-line newsstand.

STATION CASINOS BANKRUPTCY NEWS tracks the restructuring of Station Casinos Inc.

How to Subscribe to STATION CASINOS BANKRUPTCY NEWS

STATION CASINOS BANKRUPTCY NEWS is distributed to paying subscribers
by electronic mail.  New issues are published on an ad hoc basis as
significant activity occurs (generally every 10 to 20 days) in the
Debtors' cases.  The subscription rate is $45 per issue.  Newsletters
are delivered via e-mail; invoices, transmitted following publication
of each newsletter issue, arrive by fax.  Distribution to multiple
individuals at the same firm is provided at no additional charge;
folks outside of your firm should set-up and pay for their own
subscriptions.  Subscriptions may be canceled at any time without
further obligation.

To continue receiving STATION CASINOS BANKRUPTCY NEWS, please complete
and submit the subscription form at <a
href="https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=STATION|CASINOS">https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=STATION|CASINOS</a>

Company: Bankruptcy Creditors' Service, Inc.
Contact: Peter A. Chapman
Phone: (215) 945-7000
Email: peter[@]bankrupt.com