Published on July 3, 2024 20-year-old online book retailer, Booktopia, which went public on the ASX in 2020, is on the brink of collapse. Booktopia has entered voluntary administration. Image source: Booktopia Booktopia has entered voluntary administration after the cash-strapped online book retailer failed to secure funding to improve its liquidity. In a statement to…
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…
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…
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…
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…
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…
One of the last pillars of an award-winning Queensland chefs hospitality empire has gone bust, just a month after seven other sister venues collapsed. Cuisinier Australis Pty Ltd trading as Montrachet has called in administrators. Montrachet is a well known fine-dining French restaurant in the Brisbane suburb of Bowen Hills. The appointed administrators, Mark Holland,…
Sale event being managed by Hilco Merchant Resources and Gordon Brothers. NORTHBROOK, Ill., July 1, 2024 /PRNewswire/ — Bob’s Stores (“Bob’s”), a subsidiary of GoDigital Media Group, announced that the company will close all of it’s Bob’s locations and liquidate all inventory, as part of the Chapter 11 restructuring petition filed on June 18, 2024.…
Booktopia (ASX: BKG) has entered voluntary administration pending an urgent assessment of options for sale or recapitalisation. Insolvency firm McGrathNicol has been appointed and shares in the cash-strapped company will be suspended from trading during the administration process. All Booktopia subsidiaries including online bookseller, publisher and printer Angus and Robertson have been included in the…