RugbyWA goes into voluntary administration – The Sydney Morning Herald

RugbyWA chairman Tony Howarth has described emotions in Western Australia as “angry, disappointed and frustrated” after it was confirmed the organisation had gone into voluntary administration on Friday. It comes just four months after Rugby Australia (formerly Australian Rugby Union) announced it would axe the Western Force from next year’s Super Rugby competition. RugbyWA has…

Asia’s top banks face losses as China Huishan Dairy proposes provisional liquidation – South China Morning Post

Embattled China Huishan Dairy Holdings has instructed lawyers to prepare for its provisional liquidation after finding more debt, leaving some of the top lenders in Asia vulnerable. According to a filing to the Hong Kong stock exchange on Thursday, the net liabilities of the Liaoning-based firms China entities could have been 10.5 billion yuan (US$1.58…

RugbyWA goes into voluntary administration – WA Today – WAtoday

RugbyWA chairman Tony Howarth has described emotions in Western Australia as “angry, disappointed and frustrated” after it was confirmed the organisation had gone into voluntary administration on Friday. It comes just four months after Rugby Australia (formerly Australian Rugby Union) announced it would axe the Western Force from next year’s Super Rugby competition. RugbyWA has…