FAIRLESS HILLS, Pa. -- Borders Group, Inc. and its debtor affiliates have obtained a court order that extends through October their exclusive right to file a bankruptcy plan. The Company, however, has said it expects to have that plan ready by the end of June.
Other Borders stories, including Judge's Glenn reasoning for the approval of the company's exclusivity request and the reported sale talks between Gores Group and the bookstore chain, are available in BORDERS GROUP BANKRUPTCY NEWS, Issue No. 16, published by Bankruptcy Creditors' Service, Inc.
The 18-page newsletter contains stories with these headlines:
[00247] COURT GIVES BORDERS MORE TIME TO FILE CHAPTER 11 PLAN
[00248] BORDERS HOPES TO FILE PLAN BY END OF JUNE, SAYS LAWYER
[00249] BORDERS IN TALKS WITH GORES GROUP OVER SALE OF 200 STORES
[00250] DEBTORS' MOTION TO REJECT SEATTLE'S BEST LICENSING PACT
[00251] DEBTORS' MOTION TO REJECT 100 EXECUTORY CONTRACTS
[00252] DEBTORS' MOTION TO APPROVE BOFA PACT ON COMPENSATION PLAN
[00253] DEBTORS' MOTION TO ASSUME AND ASSIGN LEASES TO TJX
[00254] STIPULATIONS EXTENDING TIME TO ASSUME OR REJECT LEASES
[00255] RULE 2019 STATEMENT -- Davis Wright Tremaine LLP
[00256] BORDERS OFFERS CUSTOMERS ACCESS TO KOBO E-BOOK STORE
A copy of the newsletter can be purchased on-line with a major credit card at <a href="https://ecommerce.bankrupt.com/bin/ibl_re?co_name=BORDERS|GROUP">https://ecommerce.bankrupt.com/bin/ibl_re?co_name=BORDERS|GROUP</a> 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 <a href="https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=BORDERS|GROUP">https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=BORDERS|GROUP</a>
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