The Digital Reader

The Best News and Info on Ebooks and eReaders

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Entries Tagged as 'bankruptcy'

Dutch eReader Maker Bebook is Bankrupt

January 5th, 2012 · bankruptcy

It looks like the tight competition between the the big boys has claimed another victim.  Netherlands based ebook reader maker Endless Ideas filed for bankruptcy today. Emerce is reporting that the small Dutch company had filed for bankruptcy protection as a step towards reorganizing and restarting the company.

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Could Borders Rise From the Grave?

September 16th, 2011 · bankruptcy, borders

The Borders bankruptcy saga is winding to a close, and it’s about to go into its final weeks.

One of the last parts of Borders was sold off earlier this week: the IP.  The liquidator specialists Hilco Streambank supervised the sale of the Borders name, URL, as well as other brand names that Borders own (B. Daltons,Waldenbooks, etc). The total raised was around $15 million. There’s no word yet on who bought the Borders name, just that Barnes & Noble were one of the bidders. Update: And that B&N bought most of the IP.

We won’t find out who bought what until Tuesday, and that raises an interesting question. What if someone bought the Borders website and name just to bring it back from the grave? It’s certainly possible. That’s not such a stretch because it’s happened before.

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Borders liquidation approved by bankruptcy judge

July 21st, 2011 · bankruptcy, borders, ebookstore news

Apparently the post I wrote early today had jumped the gun, because it wasn’t until this afternoon that the liquidation  became official. Judge Martin Glenn of the U.S. Bankruptcy Court in Manhattan signed off on the plan around 3 this afternoon.

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