Toys R Us insolvency

3/10/2019

Insolvency proceedings

Value:

$ 1 billion

Status:

Announced

Date:

3/10/2019

Overview:

Iconic American toy store Toys R Us filed for bankruptcy in September 2017 closing almost all of its 800 stores.
The retailer's insolvency was also the largest insolvency in Australia in 2018 with over 40 stores in Australia.

Adam Majeed - Asia editor

Jurisdictions:

United States
Australia

Deal type:

Insolvency proceedings

Practice area:

Insolvency

Industry sector:

Consumer goods and services

Firm:

Gilbert + Tobin

Party: McGrath Nicol (Administrator)

Lawyer: Dominic Emmett

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