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…
Whether youre watching TV, attending a footy game, or eating a meal at your local pub, gambling is hard to escape. Although the rise of gambling is not unique to Australia, it has become normalised as a part of Australian culture. While for some, gambling might be a source of entertainment, for others, it can…
Money-losing SSG.COM, once the most popular online shopping mall in South Korea, is asking some of its employees to volunteer to leave the company for the first time since its inception amid intensifying competition in the countrys e-commerce market. According to sources in the countrys retail industry on Friday, SSG.COM has launched a voluntary redundancy…
Credit card debt forgiveness can be a good strategy in some cases, but not all, experts say. Getty Images If you’re struggling to keep up with your credit card payments, you may be looking into your debt relief options. And, one popular option credit card debt forgiveness, also known as credit card debt settlement may…
These expert-driven strategies can help you get rid of your credit card debt without damaging your credit score. Getty Images Recent data shows that credit card balances (and delinquencies) have been rising steadily for the last three years. And, the reasons are simple: With high inflation and soaring rates on loans and mortgages, many consumers…
3 min read Last Updated : Jul 05 2024 | 6:43 PM IST About 62 former employees of Byjus have come together and sent a notice of filing an insolvency and bankruptcy case against the troubled edtech firm at the National Company Law Tribunal (NCLT), Bengaluru, if their pending dues are not paid. Canvas Legal,…
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…
July 5, 2024 Photo: Depositphotos.com Doctors chain Zorg BV, a part of Co-Med, has been declared bankrupt at a court in Maastricht, after weeks of uncertainty. The chain, which served 50,000 patients, was effectively brought to a standstill two weeks ago when insurers stopped working with it. They feared that shortages meant that its patients…
Booktopia is Australias leading online bookstore with more than four million titles. Credit: rawf8 / Shutterstock. Australian online retailer Booktopia has entered voluntary administration, following a voluntary suspension of share trading that occurred two weeks prior. Keith Crawford, Matthew Caddy, and Damien Pasfield, partners of restructuring and insolvency company McGrathNicol Restructuring, have been appointed as…
Bruno Mars isnt in the red with MGM, that is, according to the hospitality and casino giant. In a statement given to the Las Vegas Review-Journal on Monday, MGM Resorts shut down rumors the 24K Magic singer had racked up a $50 million gambling debt, and that he was paying his balance via multiple business…