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Daily Archives: July 3, 2024

Online book giant on brink of collapse – The Australian

LiquidationBy Insolvency GuardianJuly 3, 2024

Beleaguered online book retailer Booktopia has announced it has entered voluntary administration after it failed to secure funding. The company posted it had appointed Keith Crawford, Matthew Caddy and Damien Pasfield from McGrathNicol to oversee a potential restructure or sale of the business. The Administrators are undertaking an urgent assessment of Booktopias business while options…

Online book giant on brink of collapse – The Australian

LiquidationBy Insolvency GuardianJuly 3, 2024

Beleaguered online book retailer Booktopia has announced it has entered voluntary administration after it failed to secure funding. The company posted it had appointed Keith Crawford, Matthew Caddy and Damien Pasfield from McGrathNicol to oversee a potential restructure or sale of the business. The Administrators are undertaking an urgent assessment of Booktopias business while options…

Online book giant on brink of collapse – The Australian

LiquidationBy Insolvency GuardianJuly 3, 2024

Beleaguered online book retailer Booktopia has announced it has entered voluntary administration after it failed to secure funding. The company posted it had appointed Keith Crawford, Matthew Caddy and Damien Pasfield from McGrathNicol to oversee a potential restructure or sale of the business. The Administrators are undertaking an urgent assessment of Booktopias business while options…

Online book giant on brink of collapse – The Australian

LiquidationBy Insolvency GuardianJuly 3, 2024

Beleaguered online book retailer Booktopia has announced it has entered voluntary administration after it failed to secure funding. The company posted it had appointed Keith Crawford, Matthew Caddy and Damien Pasfield from McGrathNicol to oversee a potential restructure or sale of the business. The Administrators are undertaking an urgent assessment of Booktopias business while options…

Are There Free Government Debt Relief Programs? – Investopedia

Debt HelpBy Insolvency GuardianJuly 3, 2024

Unfortunately, the government doesnt offer any debt relief programs for unsecured debts aside from bankruptcy. You may not be out of luck, thoughfree government debt relief programs do exist for specific types of debt like federal student loans, and you can find even more options for support in the form of grants and low-cost loans.…

Online book giant on brink of collapse – The Australian

LiquidationBy Insolvency GuardianJuly 3, 2024

Beleaguered online book retailer Booktopia has announced it has entered voluntary administration after it failed to secure funding. The company posted it had appointed Keith Crawford, Matthew Caddy and Damien Pasfield from McGrathNicol to oversee a potential restructure or sale of the business. The Administrators are undertaking an urgent assessment of Booktopias business while options…

Online book giant on brink of collapse – The Australian

LiquidationBy Insolvency GuardianJuly 3, 2024

Beleaguered online book retailer Booktopia has announced it has entered voluntary administration after it failed to secure funding. The company posted it had appointed Keith Crawford, Matthew Caddy and Damien Pasfield from McGrathNicol to oversee a potential restructure or sale of the business. The Administrators are undertaking an urgent assessment of Booktopias business while options…

Online book giant on brink of collapse – The Australian

LiquidationBy Insolvency GuardianJuly 3, 2024

Beleaguered online book retailer Booktopia has announced it has entered voluntary administration after it failed to secure funding. The company posted it had appointed Keith Crawford, Matthew Caddy and Damien Pasfield from McGrathNicol to oversee a potential restructure or sale of the business. The Administrators are undertaking an urgent assessment of Booktopias business while options…

CA Among 3 Arrested For Fraudulent Take Over Of Insolvent Company – NDTV

LiquidationBy Insolvency GuardianJuly 3, 2024

New Delhi: The ED said on Wednesday that it has arrested three persons including a chartered accountant and a resolution professional as part of a money laundering probe linked to an alleged bank loan fraud related to regaining control of an insolvent company from the NCLT. Chartered accountant (CA) Rakesh Kumar Gulati, Ajay Yadav of…

Booktopia Files for Voluntary Administration – Publishers Weekly

LiquidationBy Insolvency GuardianJuly 3, 2024

Just days after the Australian online bookseller asked to extend an suspension on the trading of its stock, Booktopia has taken the more drastic step of appointing a firm to oversee its voluntary administration. The move indicates the high unlikelihood that the company will continue to operate in its current form. In an announcement made…

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