According to reports, Team Bondi has entered administration. Documents filed with the Australian Securities and Investments Commission indicate that Riad Tayeh and David Solomons of de Vries Tayeh have been appointed as joint administrators of the company.
“The appointment comes weeks after the business was rumoured to be selling assets and intellectual property to filmmaker George Miller’s studio KMM,” wrote Patrick Stafford. “When . . . the Team Bondi office [was contacted] this morning, it was informed the company was no longer located there. It was also told that no person would be available to handle media inquiries going forward.”
Source: smartcompany.com.au
