M. Baxter Appointed as Borders Consumer Privacy Ombudsman

Aug. 15, 2011 - PRLog -- FAIRLESS HILLS, Pa. -- Michael St. Patrick Baxter of Covington & Burling LLP has been named as consumer privacy ombudsman in relation to the proposed sale of Borders Group, Inc.'s intellectual property assets.

Bankruptcy Judge Martin Glenn of New York has given Borders permission to implement proposed procedures for the auction and sale of its IP assets.  Deadline of bid submission has been set for Sept. 8, 2011.

Details of the IP Assets sale and other stories are available at BORDERS GROUP BANKRUPTCY NEWS, Issue No. 28, published by Bankruptcy Creditors' Service, Inc.

The 12-page newsletter contains stories with these headlines:

[00361] BORDERS WINS APPROVAL OF IP & LEASE SALE BID PROCEDURES
[00362] U.S. TRUSTEE APPOINTS SEC. 332 CONSUMER PRIVACY OMBUDSMAN
[00363] DEBTORS' MOTION TO SET UP CLAIMS OBJECTION PROTOCOL
[00364] DEBTORS' MOTION TO SET UP CLAIMS TRADING PROTOCOL
[00365] DEBTORS' MOTION TO APPROVE HARRISPORT TERMINATION PACT
[00366] DEBTORS' MOTION TO APPROVE A/R, ET AL. TERMINATION PACTS
[00367] DEBTORS' MOTION TO REJECT SEATTLE'S BEST LICENSING PACT
[00368] DEBTORS' NOTICE TO REJECT WESTFIELD, ET AL., LEASE PACTS
[00369] DEBTORS' 1ST TO 4TH OMNIBUS OBJECTIONS TO CLAIMS
[00370] DEBTORS' APPLICATION TO EMPLOY STREAMBANK AS CONSULTANT
[00371] STIPULATIONS EXTENDING TIME TO ASSUME OR REJECT LEASES
[00372] LANDLORDS' MOTIONS TO ALLOW SEC. 365(D)(3) CLAIMS
[00373] AGREE IN DEFAULT ON SIX LOANS RELATING TO BORDERS LEASES


A copy of the newsletter can be purchased on-line with a major credit card at https://ecommerce.bankrupt.com/bin/ibl_re?co_name=BORDERS... for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.

BORDERS GROUP BANKRUPTCY NEWS tracks the restructuring of Borders Group Inc (MI).

How to Subscribe to BORDERS GROUP BANKRUPTCY NEWS

BORDERS GROUP BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail.  New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases.  The subscription rate is $45 per issue.  Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax.  Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions.  Subscriptions may be canceled at any time without further obligation.

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