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 and gift cards too.
This week all trading ceased on the Booktopia site, with administrator Damien Pasfield from McGrathNicol Restructuring informing customers they must lodge a proof of debt form to make a claim.
The Booktopia Group and its associated entities Booktopia, M…
Read the full article at: https://www.theguardian.com/business/article/2024/jul/10/booktopia-will-not-fill-orders-and-may-not-issue-refunds-say-administrators