Quick Borders Update

Chief Judge Arthur Gonzales may rule today on Borders’ motion establishing its store closing procedures.  He did say yesterday that Borders’ budget for using the approved loan money should be made public.  Over initial objections that the budget contains information Borders’ didn’t want being released to the public, attorney for the company, David M. Friedman, finally agreed.  It will be interesting to see what the budget entails.

Sources:

NASDAQ

Chicago Breaking News

 

 

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1 Comment

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One response to “Quick Borders Update

  1. Pam Uphoff

    Lots of money for the lawyers. :/

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