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On Tuesday, the ownership group that controls Denver's Tattered Cover bookstores filed the first part of its bankruptcy reorganization plans, citing some $3.1 million owed to unsecured creditors, including half a million dollars to its former CEO. A further $820,000 is owed to secured lenders. Continue reading at 'Publishers Weekly'
[ Publishers Weekly | 2024-01-18 05:00:00 UTC ]
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Written By: Bookseller Staff Publication Date: Thu, 14/07/2011 - 09:40 Borders could face liquidation in the United States after a committee of unsecured creditors rejected a proposed takeover by private equity firm Najafi Companies. The creditors are concerned Najafi would buy the company at... Continue reading at 'The Bookseller'
[ The Bookseller | 2011-07-14 00:00:00 UTC ]
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Written By: Lisa Campbell Publication Date: Mon, 09/05/2011 - 15:41 The administrators of British Bookshops and Stationers has said it can only pay back eight-10p in every pound owed and expects the level of claims to increase. A recent document published on Companies House said the former... Continue reading at 'The Bookseller'
[ The Bookseller | 2011-05-09 00:00:00 UTC ]
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Written By: Lisa Campbell Publication Date: Mon, 14/02/2011 - 09:48 British Bookshops and Stationers owes £6.3million to its unsecured creditors, it has been revealed. A statement of the troubled company's financial affairs released over the weekend showed that while owing the vast sum,... Continue reading at 'The Bookseller'
[ The Bookseller | 2011-02-14 00:00:00 UTC ]
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