Publishers waiting on Borders cash.
This article reports on the debt payments received by publishers from Borders UK following its bankruptcy in November 2010. Publishers have only received an additional 100,000 pounds from administrator MCR compared to almost eight million pounds paid to Valco, the company that backed the retailer's...
| Publicado en: | Bookseller no. 5440; p. 6 |
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| Formato: | Artículo |
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Bookseller Media Ltd
7/9/2010
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| Acceso en línea: | Ver este registro en EBSCOhost |
| Sumario: | This article reports on the debt payments received by publishers from Borders UK following its bankruptcy in November 2010. Publishers have only received an additional 100,000 pounds from administrator MCR compared to almost eight million pounds paid to Valco, the company that backed the retailer's buyout. The retailer owed 10.8 million pounds to publishers. MCR announced the settlement of the majority of retention of title (ROT) or ownership of stock claims. |
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