Following nearly two years of ongoing restructuring efforts, Borders Group finally filed for bankruptcy on Wednesday. And for help in its Chapter 11 reorganization efforts, the nation’s second-largest book retailer has turned to Kasowitz, Benson, Torres & Friedman.
Borders has announced that it will reduce staff and close about 200 underperforming stores, including one location near and dear to The Am Law Daily. (Click here for the full list of Borders store closings; bankruptcy court filings by Borders can be found on this web site set up by the company.)
