Publishers & Landlords Named to Borders' Creditors Committee

FAIRLESS HILLS, Pa. -- The U.S. Trustee for Region 2 has appointed a seven-member panel to serve as the official committee of unsecured creditors in the Chapter 11 cases of Borders Group, Inc. and its affiliates.  Publishers Penguin Group, HarperCollins, Random House, Perseus Books as well as Sony Music and landlords GGP Limited Partnership and Simon Property Group were identified to comprise the committee.  Lowenstein Sandler has been retained to present the panel.

More details on the Creditors Committee members and other stories, including a scheduled March 22 creditors' meeting, in BORDERS GROUP BANKRUPTCY NEWS, Issue No. 4 published by Bankruptcy Creditors' Service Inc.  Visit us at http://www.bankrupt.com/borders for a free copy of the newsletter.

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We have published similar newsletters tracking billion-dollar insolvency proceedings since 1990, starting with Federated Department Stores.  Currently, we provide similar coverage about most billion-dollar corporate restrucutring proceedings.   

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