Borders bookstore on Oracle closing Park Place site spared in bankruptcy process. Feb 17, 2011 ... The company will continue to honor its gift cards and loyalty program.

A Manhattan judge upholds a lower court ruling that $210 million worth of unredeemed gift cards from the defunct book chain are no longer valid.

Earlier this week, a federal judge in Manhattan ruled that holders of Borders gift cards — some $210 million worth — are out of luck. The bookseller closed its last store in late 2011, and now ...

Don't throw always those old Borders gift cards just yet. A petition has been filed in the U.S. Supreme Court to recover some of the value on unused gift cards, according to a report in The Wall ...

Borders owes nothing to holders of roughly $210.5 million of gift cards that had not been used by the time the bookstore chain shut down, a Manhattan federal judge ruled on Wednesday.