FAIRLESS HILLS, Pa. -- Borders Group Inc. has sought court permission to modify certain of their lease agreements with landlords. Among other things, Borders wants to negotiate rent concessions at certain store locations.
The Company and its subsidiaries has also filed schedules of assets and liabilities, and statements of financial affairs. Borders Inc. listed more than $1 billion in assets and close to a billion in liabilities.
More details on Borders' Schedules and Statements, and other stories are available at BORDERS GROUP BANKRUPTCY NEWS, Issue No. 10, published by Bankruptcy Creditors' Service, Inc.
The 21-page newsletter contains stories with these headlines:
[00149] BORDERS GROUP, INC.'S SCHEDULES OF ASSETS AND LIABILITIES
[00150] BORDERS GROUP, INC.'S STATEMENT OF FINANCIAL AFFAIRS
[00151] BORDERS, INC.'S SCHEDULES OF ASSETS AND LIABILITIES
[00152] BORDERS, INC'S STATEMENT OF FINANCIAL AFFAIRS
[00153] DEBTORS' MOTION TO MODIFY LEASE TERMS WITH LANDLORDS
[00154] DEBTORS' NOTICES TO REJECT LEASES WITH CENTCOM, ET AL.
[00155] DEBTORS' APPLICATION TO EMPLOY MERCER AS CONSULTANT
[00156] DEBTORS' APPLICATION TO HIRE GCG AS ADMINISTRATIVE AGENT
[00157] SN WARRANTY'S MOTION TO COMPEL LEASE DECISION
[00158] RULE 2015.3 FINANCIAL REPORT -- March 30, 2011
[00159] ENTITIES FILE NOTICES OF SUBSTANTIAL STOCK OWNERSHIP
[00160] GA CAPITAL'S NOTICE OF CHANGE OF ADDRESS OF COUNSEL
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
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