"In addition, there are many services provided within the group by different subsidiaries, so if you take over one part, you have to make alternative arrangements or negotiate new terms", Simon Thomas, from administrators Moorfields Advisory in the United Kingdom, said.
Toys R Us had been facing a £15 million tax bill combined with poor sales before its failure in February.
Toys R Us stores in the USA and the United Kingdom are now being shut down. When any remaining bent-box Barbies will be binned and 2,000 staff lose their jobs.
After a failed restructuring attempt and poor December sales in the USA, the firm said in March it would close its stores in the U.S. and Puerto Rico. "We are working closely with the 2,000 employees affected by the closures to ensure they receive the support they need for redundancy and other compensatory payments". Extended discounts of up to 70 per cent are in place from today and offers are available on some of our best-known brands.
Toy R Us was one of the most high-profile retail casualties in the first quarter of the year.
Kirkland & Ellis is serving as principal legal counsel to Toys "R" Us, while Alvarez & Marsal acts as restructuring advisor.
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