Judge rules unredeemed Borders gift cards useless
NEW YORK (KGO) -- If you have a gift card from the defunct Borders bookstore chain, you're out of luck.
A federal appeals court judge has ruled that customers who hold $210 million in gift cards from the chain aren't eligible for refunds.
The decision upholds a lower court ruling.
There were nearly 18 million gift cards outstanding in the months after Borders filed for Chapter 11 bankruptcy protection in February 2011.
At one time, there were 642 Borders stores nationwide.
bankruptcy, retail, refund, business
- Bay Area braces for coldest night of the cold snap
- Shooting victim found near school in Vallejo
- Palo Alto man says he was well-fed in North Korea
- Deep freeze grips most of United States
- Paul Walker memorial in California draws thousands
- Harding makes 37 saves, Wild beat Sharks 3-1
- Smith leads Jets to 37-27 victory over Raiders
- Family asks for help in finding SF hit-and-run driver
- Man falls asleep on flight, wakes up in empty plane
- Winter Spare the Air called for Sunday and Monday
- Photos: Record low temperatures freeze the Bay Area
- abcnews: Newlyweds accused in thrill-kill murder
- roundup: Homeless shelter program; Windsor kidnapping
- weather: Bay Area weather forecast for Monday
Most Viewed StoriesMost Viewed Photos