Boomtown er gået konkurs

Boomtown er gået konkurs

Boomtown har idag meldt at de er gået konkurs og det er fra og med dags dato.

 

Pressemeddelsen fra Boomtown

COPENHAGEN, DENMARK, 18 MAY 2010: Boomtown ApS (the “Company”) today announced that it has filed a voluntary petition for bankruptcy under the Danish Bankruptcy Act Section 17 with the Danish Maritime and Commercial Court. Although the Company is continuing its discussions with various parties regarding strategic alternatives, which may include a potential sale of the Company, the Company determined that, based on the Company’s current financial condition due to an inadequate settlement from former owner, TDC, it was in the best interest of the Company, as well as its employees and customers, to file for bankruptcy under the Danish Bankruptcy rules. 

The Company made this decision with the unanimous authorization of its Board of Directors after thorough consultation with its advisors and extensive consideration of all other alternatives. The decision followed as a result of being forced to close after facing an enormous difference in housing costs, which left no hope for profitability in the immediate coming years. It is the Company’s perception that TDC had misled the Company with incorrect information regarding housing costs in the transfer of the Company from TDC to AA-Technologies (Holding Company of Boomtown ApS) in 2008. After prolonged negotiation with TDC, the final settlement from TDC to compensate the Company came short from what could make the Company survive, as stated in the settlement proposal sent to TDC. 

Additionally, during negotiations between the Company and TDC, TDC terminated all three leaseholds held by the Company, opening grounds for higher lease terms for the Company, which would have created more financial stress on the business. 

Until the bankruptcy petition has been processed by the Maritime and Commercial Court and a bankruptcy notice has been delivered, the Company expects to continue managing its properties and operate its business in the Company’s best interest. Ashraf Iskander, Boomtown’s CEO, commented with respect to the Company’s filing, “It’s unfortunate that a series of events resulted in the Company submitting a petition for bankruptcy in accordance with the Danish Bankruptcy Act. The Company will continue to explore strategic alternatives with the assistance of its financial advisors.” 

The Company has retained ACTIO Law as lead legal counsel and Deloitte as financial advisors to continue to assist the Company during this process.
 

Contact: Suzan Said 
Phone: +2020.3303.8530


Link: boomtown.dk

Skrevet af Blackbrizz den 19. May 2010. Nyheden er læst 4082 gang(e).

Del med dine venner

     

0 kommentarer
Skriv kommentar til nyheden Kommentarer til nyheden fra Facebook

 

HTC U11: Giv din smartphone et klem

Vi løfter i dag sløret for vores nyeste mobiltest, nemlig testen af HTC’s nyeste topmodel, HTC U11. De

Læs Mere

ASUS VG245H 24" Gamerskærm

I dag skal vi kigge på endnu en 24” skærm fra ASUS med det som sædvanlige lettere kryptiske navn V

Læs Mere

AMD Radeon RX Vega 64 - Vega power i gaming og GTX 10xx killer?

Ventetiden har været lang, og AMD og bunker af medier inkl. Tweak.dk, har længe omtalt dnt nye Vega familie af

Læs Mere

Jays u-Jays Wireless hovedtelefoner

Vi skal i denne test hilse på en ny producent her på Tweak.dk. Navnet er Jays, som kommer fra det svenske og l

Læs Mere

Projekt Noah - Del 2 - Vi bygger et AMD Ryzen system - inkl. overraskelse!!

I første del af vores Projekt Noah serie gennemgik vi de udvalgte hardware produkter, grunden til valget

Læs Mere

Corsair 750W TX750M PSU

Strømforsyninger fås i alle størrelser og prisklasser. I denne test skal vi kigge nærmere p&arin

Læs Mere

be quiet! SFX L Power 600 Watt

Man behøver ikke en stor ATX strømforsyning for at få nok strøm til sin gamer spand, mindre kan

Læs Mere

ASUS ROG-POSEIDON-GTX1080TI-P11G-Gaming

NVIDIA's GTX1080 Ti serie, er ikke længere nyt under solen, men nu er det AIB aktørenes tur t

Læs Mere

 

Nyeste Videoer og Trailers

Seneste nyheder

Movado på banen med nyt smartwatch

Movado laver ikke billige produkter. Det er til gengæld også produkter, der har en stærk duft af kvalitet. And
Læs Mere

Huawei lancerer Mate 10 på denne dato

Katten er nu endelig ude af sækken. Huawei gør klar til en af årets helt store smartphone-præsentationer.
Læs Mere

Cloud9 skifter ud på CS:GO-holdet

Cloud9 har bevidst forsøgt at få fornyet deres CS:GO-hold. Den mission er nu lykkes med to nye spillere.
Læs Mere

Emiliano "c4t" Ito forlader SG e-sports

SG e-sports har leveret en opsigtsvækkende nyhed. Den brasilianske esports-organisation har nemlig valgt at si
Læs Mere

SteelSeries ude med nyt tastatur

Det er altid fedt med nyt gaming-udstyr på markedet. Især når det kommer fra et velkendt mærke som SteelSeries
Læs Mere

[TWEAK.DK KONKURRENCE] Vind et Razer Man'O War 7.1 Gamer Headset

Tweak.dk er klar med endnu en fed konkurrence. Denne gang udlodder vi et Razer Man'O War 7.1 gamer headset til
Læs Mere

MSI X299M Gaming Pro Carbon AC er verdens hurtigste micro-ATX X299 bundkort.

MSI har løftet sløret for deres X299M Gaming Pro Carbon AC, som skulle være verdens hurtigste micro-ATX X299 b
Læs Mere

EA vil bruge FIFA 18 som platform til flere Nintendo Switch-spil

Sagen er klar. Hvis FIFA 18 triumferer til Nintendo Switch, så kan vi godt forvente endnu flere EA-spil til de
Læs Mere
Partner sider
Indsend nyhed
Har du fundet en fed nyhed så indsend den så alle andre på Tweak.dk kan få glæde af den.