Last year, we wrote a post about how a New York bankruptcy judge delayed the approval of Barnes and Noble’s acquisition of Borders’ database of customer information amid privacy concerns. The court later approved the transaction, requiring that Barnes and Noble give customers 15 days to opt out of the transfer by responding to an
Bankruptcy
Barnes & Noble’s Acquisition of Borders’ Database On The Shelf?
By Mark S. Melodia & Paul J. Jaskot on
On September 15, Barnes & Noble (“B&N”) acquired several of Borders’ intellectual property assets, including a database of customer information, as part of Borders’ bankruptcy auction. The sale of those assets hit a potential roadblock on Thursday, though, when a New York bankruptcy judge refused to approve the transaction, saying that he needed more time…