Feb 20
Recent news shows how bankruptcy law can get so complicated
The number 2 bookstore chain in the U.S., Borders, filed for Chapter 11 bankruptcy reorganization last week and is expected to shutter nearly a third of its superstores by April. On Feb. 22, its rivaland number 1 chainBarnes & Noble suspended its dividend payments and reported missing earnings estimates.
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Tags: Borders, Borders Aware