Bankruptcy Judge Martin Glenn said that Borders does not owe anything to the gift-card holders who did not use their cards before the retailer closed for good and who failed to file claims for the card balances by last year’s deadline, the Wall Street Journal reported today. Judge Glenn Tuesday ruled against Borders gift-card holders who argued they were entitled to file their claims past the deadline because the retailer “did nothing” to reach out to them and “thousands” of other gift-card holders before it shut down last September. Borders opposed the request, arguing that the customers had plenty of time to use their cards or file a claim.
