Borders Group, Inc.  Bankruptcy New Filing Alert: Required Bankruptcy Report Regarding To Avoid Alleged Preferential Transfers

On December 15, 2014, a required bankruptcy report regarding to avoid alleged preferential transfers was filed in the bankruptcy case of Borders Group, Inc.  and its affiliates.

The filing was assigned docket number 3476 and is described on the court’s official docket as follows:

Status Report Regarding BGI, Inc. f/k/a/ Borders Group, Inc. Preference Actions Filed by David M. Banker on behalf of BGI Creditors Liquidating Trust and Curtis R. Smith in his capacity as the Liquidating Trustee. (Banker, David)

Borders Group, Inc.  filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on February 16, 2011. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of New York . The case number for the lead bankruptcy case is 11-10614. The bankruptcy case is currently assigned to United States Bankruptcy Judge Martin Glenn. The law firm of Kasowitz, Benson, Torres & Friedman LLP is acting as lead bankruptcy counsel to Borders Group, Inc.  in the bankruptcy case.


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