BORDERS, INC. Bankruptcy Filing
Case Number: 11-10615
BORDERS, INC. filed a 11 chapter bankruptcy in the Southern District of New York bankruptcy court on February 16, 2011. This is a voluntary filing; it was assigned the bankruptcy case number #11-10615.
BORDERS, INC. Filing Information
The bankruptcy petition for BORDERS, INC. showed assets in the range of more than $1B with liabilities in the range of more than $1B. BORDERS, INC. reports that the number of creditors is in the range of 1,000-5,000.
The debtor indicated their nature of business as 'None of the Above'. The nature of business option is fairly limited; most companies will chose 'None of the Above'. The options include: 'Health Care Business', 'Single Asset Real Estate', 'Railroad', 'Stockbroker', 'Commodity Broker', 'Clearing Bank', or 'None of the Above'.
BORDERS, INC. indicated on its bankruptcy petition that it does not expect there will be sufficient assets in the estate to make a payment to the unsecured creditors. This is a bad sign for creditors as it implies that no recovery is likely.
How Bankruptcy Monitoring Works
At Bankruptcy Observer, our mission is to save you time and simplify the process of accessing and monitoring bankruptcy cases. Whether you're a legal professional, financial analyst, business owner, competitor, or employee of a bankrupt company, our platform will help you to stay informed and stay organized quickly and efficiently.
|
Subscribe for Full Access With our $40 monthly subscription, you can monitor up to 5 cases simultaneously. This includes real-time email alerts for any new developments, such as new filings or docket updates. Perfect for professionals who need to keep track of multiple cases. |
|
|
Search & Select Cases Search & Select Cases After subscribing, use our powerful search tool to find the bankruptcy cases you want to monitor. Simply sign up for alerts on each case to start receiving daily update. (Monitor up to 5 cases at the same time.) |
|
Pay-As-You-Go Option If you only need to monitor a single case, you can do so without subscribing. For just $14.99, you can set up monitoring for one case, receiving the same timely alerts without the full subscription commitment. |
|
|
Receive Real-Time Alerts With our $40 monthly subscription, you can monitor up to 5 cases simultaneously. This includes real-time email alerts for any new developments, such as new filings or docket updates. Perfect for professionals who need to keep track of multiple cases. |
BORDERS, INC. Docket Header
MEGA, JtAdm, CLMAGT, CLOSED |
Southern District of New York (Manhattan)
Bankruptcy Petition #: 11-10615-mg
Assigned to: Judge Martin Glenn Chapter 11 Voluntary Asset Debtor disposition: Discharge Not Applicable |
|
| Debtor Borders, Inc. 100 Phoenix Drive Ann Arbor, MI 48108 NEW YORK-NY dba Waldens dba SBC Cafe's (Seattle's Best) dba Christmas on the Mall dba Ty-Beanies dba Books on the Mall dba Borders Outlet dba Borders dba Paperchase dba Borders Books, Music, Cafe dba Borders Book Outlet dba Halloween Scene dba Day by Day Calendar Co. dba The Slipper Store dba Brentanos dba Walden Books dba Borders Books, Music, Movies, Cafe dba Lego Kiosk dba Borders Express dba Borders Book Shop |
rep. by |
David M. Friedman
Kasowitz, Benson, Torres & Friedman, LLP 1633 Broadway New York, NY 10019-6799 (212) 506-1700 Fax : (212) 506-1800 Email: DFriedman @ kasowitz.com |
| U.S. Trustee United States Trustee 33 Whitehall Street 21st Floor New York, NY 10004 (212) 510-0500 |
||
| Claims and Noticing Agent The Garden City Group Inc. 105 Maxess Road Melville, NY |