Administration

Latest

All Borders stores to close but no decision on Angus & Robertson

6:36PM | Thursday, 2 June 2011 |  The nine remaining Borders bookstores throughout Australia are set to close, but the administrators of its collapsed parent say no decision has been made on the future of Angus & Robertson.

Borders and Angus & Robertson under threat as administrator fails to find buyer

5:02PM | Tuesday, 31 May 2011 |  The Angus & Robertson and Borders bookstore chains are on the brink of total collapse, with administrator Ferrier Hodgson unable to find a buyer amid continued staff lay-offs.

Collins Booksellers examining options for REDgroup Retail

4:28PM | Thursday, 28 April 2011 |  Collins Booksellers says it’s interested in doing a deal with Ferrier Hodgson, the administrator of the collapsed book chain REDgroup Retail, around the Angus & Robertson book stores.

Breakaway Angus & Robertson franchisees reach truce with REDgroup administrator

4:11PM | Wednesday, 20 April 2011 |  A ceasefire has been declared between the administrators of collapsed bookstore retailer REDgroup Retail and 25 breakaway Angus & Robertson franchisees.

CarLovers franchisees face administration – again

4:47PM | Tuesday, 19 April 2011 |  The CarLovers Carwash franchise has collapsed into liquidation and receivership for the second time since 2003, folding due to debts left over from its previous failure.

25 Angus & Robertson franchisees to go independent after collapse

4:24PM | Tuesday, 5 April 2011 |  Around half of Angus & Roberton’s franchised stores have terminated their franchise agreements and plan to operate as independent bookstores, six weeks after A&R’s owner RedGroup Retail collapsed.

THE NEWS WRAP: Microsoft to take Google complaint to the European Commission

4:06AM | Friday, 1 April 2011 |  Microsoft’s claims Google used its dominant search engine position to restrict the software company’s growth.

Industry outrage as independents reject parental leave bill

2:35PM | Friday, 25 February 2011 |  Business groups have slammed three independent MPs for failing to support a Liberal push to ease the administrative burden of Labor’s paid parental leave scheme.

THE NEWS WRAP: Qantas dispels gloom with profit rise

2:14AM | Friday, 18 February 2011 |  Qantas records $241 million half-year profit; Red Group salvage job begins; Apple shares fall on Jobs health fears.

ATO crackdown sees rise in garnishee orders

2:51PM | Tuesday, 15 February 2011 |  The ATO is looking to recover tax debts by withdrawing funds directly from taxpayers' bank accounts.
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