Crown prince Packer in damage control after Chinese sting on high-rolling exec – Crikey (registration)

Its been less than two weeks since Crown Resorts senior executive Jason OConnor head of the companys high-roller, or whale business landed in Shanghais Hongqiao Airport in one of the companys fleet of Bombardier aircraft for a short trip that reports say was to collect a multimillion-dollar gambling debt owed to the company. Closer to…

Sheikh Khalifa decrees bankruptcy law – The National

Sheikh Khalifa, the President, on Monday issued the long-awaited new federal bankruptcy law by decree, according to the state news agency Wam. The law, which contains elements of bankruptcy protection laws from jurisdictions including France, Germany and the Netherlands, provides, for the first time, a comprehensive legal framework to help distressed companies avoid bankruptcy and…

Want to aid vocations? Help reduce debt, Laboure Society says – Catholic News Agency

St. Paul, Minn., Oct 24, 2016 / 05:19 pm (CNA/EWTN News).- Personal and student debt can slow down or prevent prospective seminarians and aspirants to religious orders from pursuing their vocations, but one organization with national scope aims to change that. The Laboure Society’s work is critical because thousands of discerning men and women are…

Wynyard Group in voluntary administration – Radio New Zealand

Software company Wynyard Group has been put in voluntary administration. KordaMentha partners Neale Jackson and Grant Graham have been appointed administrators of the company, which creates security software for use by companies and law enforcement agencies. Computer keyboard Photo: 123RF It’s been a difficult year for Wynyard, with its board warning in August that the…

BRIEF-Wynyard Group says it placed company into voluntary administration – Reuters

Oct 25 Wynyard Group Ltd : * Says it has placed company into voluntary administration * Board considered all available options including potentially raising additional capital and drawing on NZ$10 million loan * Kordamentha partners, Neale Jackson and Grant Graham, have been appointed as administrators of company * Board concluded that neither raising further equity…