U.S. District Judge Andrew Carter says it wouldn’t be fair to Borders’ other creditors to let gift card holders go after that money from the bankruptcy estate, reports Reuters.
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Wednesday, May 29, 2013
Judge Says Customers Won’t See One Red Cent Of Unredeemed Borders Gift Cards
Ineffective rectangular frisbees? Tiny coasters? Better start thinking of some ideas for any of those unredeemed Borders gift cards you may still have lying around: A judge ruled this week that customers won’t see a nickel of a total of $210.5 million in remaining balances on gift cards they failed to use before Borders bit the big one and went off to that great mall in the sky.
U.S. District Judge Andrew Carter says it wouldn’t be fair to Borders’ other creditors to let gift card holders go after that money from the bankruptcy estate, reports Reuters.
U.S. District Judge Andrew Carter says it wouldn’t be fair to Borders’ other creditors to let gift card holders go after that money from the bankruptcy estate, reports Reuters.
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3 comments:
One Christmas I bought gift cards for 3 different people at a local restaurant.That restaurant closed less than a month later,and since it was not a chain all was lost.For that reason I now stick with gift cards from chain anything.
Borders was a chain so you can still get screwed.
What did they sell?
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