Borders Seeks Conditions For Lifting Of Stay Sought By Insurance Company
NEW YORK – Borders Group LLC, the bookstore chain that filed for Chapter 11 bankruptcy, filed a brief in bankruptcy court on Oct. 11, seeking conditions on a motion by its insurance company to lift the automatic stay so the insurer can cancel surety bonds (In Re: Borders Group LLC, No. 11-10614, Chapter 11, S.D. N.Y. Bkcy.).
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