Judge rules unused Borders gift cards to be worthless

BookBrowse News - The Full Story

Judge rules unused Borders gift cards to be worthless

May 23 2013

Borders owes nothing to holders of roughly $210.5 million of gift cards that had not been used by the time the bookstore chain shut down, a Manhattan federal judge ruled on Wednesday.

U.S. District Judge Andrew Carter said it would be unfair to other creditors of the former Borders Group Inc. to let gift card holders pursue recoveries from the bankruptcy estate.

Source: Reuters

More News Stories

Support BookBrowse

Become a Member and discover books that entertain, engage & enlighten!

Join Today!

Award Winners

  • Book Jacket: Little Fires Everywhere
    Little Fires Everywhere
    by Celeste Ng
    Voted 2017 Best Fiction by BookBrowse's Subscribers

    Small towns, big drama. Acclaimed author ...
  • Book Jacket: La Belle Sauvage
    La Belle Sauvage
    by Philip Pullman
    Voted 2017 Best Young Adult Novel by BookBrowse's Subscribers

    I wasn't quite sure what to expect ...
  • Book Jacket: Killers of the Flower Moon
    Killers of the Flower Moon
    by David Grann
    Voted 2017 Best Nonfiction by BookBrowse's Subscribers

    The long, sorrowful list of injustices done ...
  • Book Jacket: The Dry
    The Dry
    by Jane Harper
    Voted 2017 Best Debut Novel by BookBrowse's Subscribers

    After receiving a letter from his childhood...

Book Discussion
Book Jacket
The Second Mrs. Hockaday by Susan Rivers

At once a love story, a history lesson and a beautifully written tale of forgiveness.

About the book
Join the discussion!

First Impressions

  • Book Jacket

    Wonder Valley
    by Ivy Pochoda

    A visionary and masterful portrait of contemporary L.A. from the author of Visitation Street.
    Reader Reviews

Win this book!
Win Autumn

Autumn by Ali Smith

One of the New York Times 10 Best Books of the Year, and a Man Booker Prize Finalist

Enter

Word Play

The Big Holiday Wordplay: $400+ in Prizes

Enter Now

Books that     
entertain,
     engage

 & enlighten

Visitors can view some of BookBrowse for free. Full access is for members only.

Join Today!

Your guide toexceptional          books

BookBrowse seeks out and recommends books that we believe to be best in class. Books that will whisk you to faraway places and times, that will expand your mind and challenge you -- the kinds of books you just can't wait to tell your friends about.