Distressed Assets Media Centre
21 April 2010
Printers go into Administration
Source: Mediabiznet
Sydney company Chippendale Printing has entered voluntary administration, just over a week after it claimed to be merging with Beaver Press, now also in administration.
Peter Allen, Quentin Olde and Matt Adams of Taylor Woodings have been appointed as administrators for the company, which entered voluntary administration this week.
As reported in ProPrint, the administrator Quentin Olde said, "Over the coming days, we will investigate Chippendale's financial affairs. Following this, we will be in a position to determine the best way forward for the company."
"We will work with the management to determine the best outcome for all stakeholders," he added.
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