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Borders liquidating

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Borders' attempt to stay in business unraveled quickly last week, after a 5 million "white knight" bid by private-equity firm Najafi Cos.

dissolved under objections from creditors and lenders.

Copies of the Plan, Confirmation Order, and Notice of Effective Date are available by clicking the appropriate links on the left.

For further information on the Chapter 11 case, please visit the Court’s website at https://uscourts.gov/, where the official docket can be accessed through the Court’s Case Management/Electronic Case Filing (“CM/ECF”) system.

After filing for bankruptcy, closing roughly one-third of its bookstores, and failing to find a buyer, Borders announced yesterday that it plans to liquidate its remaining stores.

Getting insights into his Mom by reading the notes she scribbled in the books she’d had as a kid, and had passed down to him.

They argued the chain would be worth more if it liquidated immediately.

"We were all working hard toward a different outcome, but the headwinds we have been facing for quite some time, including the rapidly changing book industry, e-reader revolution, and turbulent economy, have brought us to where we are now," said Borders Group President Mike Edwards in a statement.

At the beginning of 2010, the company operated 511 Borders superstores in the US.

The company also operated 175 stores in the Waldenbooks Specialty Retail segment, including Waldenbooks, Borders Express, Borders airport stores, and Borders Outlet stores.