Los Angeles County Opposes Borders Liquidation, Says Its Tax Claims Have Priority
NEW YORK – The Los Angeles County Treasurer and Tax Collector on Nov. 3 filed its objection to the joint plan of liquidation in the Chapter 11 proceeding of Borders Group Inc., contending that its claims are entitled to priority under the Bankruptcy Code (In Re: Borders Group Inc., No. 11-10614, Chapter 11, S.D. N.Y. Bkcy.).
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