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NEWS ABOUT: liquidation

Buyer-Less Borders Will Liquidate

Move will put almost 11K employees out of work

(AP) - There will be no storybook ending for Borders. The 40-year old bookseller could start liquidating its 399 remaining stores as early as Friday. The chain, which helped pioneer the big-box bookseller concept, is seeking court approval to liquidate its stores after it failed to receive any bids that would keep... More »

Ansel Adams' Family Sues Museum Over Prints

Fresno Met trying to sell prints to pay off debt

(Newser) - Ansel Adams’ family is suing the bankrupt Fresno Metropolitan Museum over its attempts to auction off six prints the photographer donated before he died. The museum closed in January and is now furiously trying to sell off artwork to pay off its estimated $4 million in debt. But Adams' relatives... More »

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