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Esports team organization ORDER halts operations; enters voluntary administration
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Aug 16, 2022
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Aug 16, 2022

Esports team organization ORDER halts operations; enters voluntary administration

Management news

  • ORDER, an Australian esports organization, has filed for voluntary administration with the Australian Securities and Investments Commission. The staff were relieved of duties earlier this week, while the Counter-Strike, Valorant, and League of Legends teams are left without organizational support. 

<ul><li>The insolvency stems from the impact of the Covid-19 pandemic and cashflow issues. Its financial difficulties emerged in July 2022 when ORDER laid off more than 10 employees. The company is looking for potential buyers.</ul>

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