Australia's biggest bookstore Booktopia collapses into voluntary administration – 9News

Booktopia has entered voluntary administration after failing to secure emergency funding. In an ASX announcement today, the book retailer said it had appointed McGrathNicol partners Keith Crawford, Matthew Caddy and Damien Pasfield to oversee the company’s restructuring. “The Administrators are undertaking an urgent assessment of Booktopia’s business while options for its sale and/or recapitalisation are…

Australian online book retailer Booktopia axes jobs after entering voluntary administration – 7NEWS

More than 150 jobs have been cut at embattled bookseller Booktopia as the company stops taking customer orders. The major Australian online book retailer entered voluntary administration last week, with customers complaining of being left in the dark about pending orders. An urgent assessment of Booktopia is being undertaken by administrators from McGrathNicol, who are…

More than 160 staff terminated from trouble-plagued retailer Booktopia – Sky News Australia

Only 18 staff members remain at recently collapsed retailer Booktopia as 165 of their colleagues were sacked from the beleaguered company. The virtual bookseller announced last Wednesday it had entered voluntary administration after a major slump in share value, less than four years after it went public on the ASX.   The major Australian retailer…

Booktopia will not fill orders and may not issue refunds, say administrators – The Guardian

The administrators handling the collapse of Booktopia have announced that orders placed with Australias largest online bookseller will not be filled and there may be no refunds either. It means out of pocket customers who placed orders prior to the company entering voluntary administration have now become, in effect, unsecured creditors which voids store credits…

Banned NBA player Jontay Porter admits to $1million gambling scheme and pleads guilty to federal fraud charges – Daily Mail

By Alex Raskin and Associated Press Published: 05:02 AEST, 11 July 2024 | Updated: 05:40 AEST, 11 July 2024 Banned NBA player Jontay Porter has admitted to tipping off gamblers in the $1 million scheme that resulted in his lifetime suspension from the league. The 24-yea… Read the full article at: https://www.dailymail.co.uk/sport/nba/article-13621275/NBA-Jontay-Porter-gambling-pleads-guilty-fraud.html