A few days back, we reported that the UK-based Augmented Reality(AR) startup, Blippar had fallen into administration a couple of weeks back just before Christmas. Consequently, the UK court appointed Paul Appleton and Paul Cooper, of David Rubin and Partners as administrators.
For the uninitiated, the joint administrators act as agents of the company and without any personal liability. In this case, both the administrators are authorised to act as Insolvency Practitioners in the UK by the Institute of Chartered Accountants in England and Wales (ICAEW).