
Roger Grant and Nicholas Giasoumi of Dye & Co were appointed liquidators of Fortiori Publishing on 24 February after the company was wound up by creditors.
It is unclear who wound up Fortiori or why it failed as the company and the liquidators refused to answer ProPrint‘s questions.
Fortiori owes $422,000 to Bissett Magazine Service, $80,000 to Toppan Printing, $47,000 to German publisher Grafe Und Unzer Verlag GmbH, $20,000 to Multipoint Logistics and $1,500 to the Australian Taxation Office. It only has realisable assets of $6,500.
Sean Semler, the Australian managing director of 50,000-staff Japanese company Toppan Printing, said the liquidation was “a shame because they printed lovely books”.
Fortiori’s website says it “was established in 2002 as a specialised publishing company whose principal focus is healthy living recipe books”.
Bissett Magazine Service failed to return ProPrint‘s calls.
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