Western Province Rugby placed under liquidation – Times LIVE

Nashira Davids | 2016-12-20 14:49:24.0 Paul Zacks (Western Province Rugby Group CEO) and Mr Thelo Wakefield (President of the Western Province Rugby Football Union) during the WP Rugby press conference at DHL Newlands Stadium on November 07, 2016 in Cape Town, South Africa. Image by: Grant Pitcher/Gallo Images … Read the full article at: http://www.timeslive.co.za/sport/rugby/2016/12/20/Western-Province-Rugby-placed-under-liquidation1

Cosco Corp set for lengthy share trading suspension on shipyard restructuring – Seatrade Maritime News

Singapore-listed Cosco Corp (Singapore) looks set for a lengthy suspension from trading as it awaits the results of the restructuring of China Cosco Shippings shipyard business. Cosco Corp holds a 50% stake in Cosco Shipyard Group and halted its shares from trading on Monday morning following an announcement last Friday by China Cosco Shipping on…

Duties of a director in the insolvency vicinity – Guardian

CBN Governor, Godwin Emefiele English decisions suggest that the duties are owed for the benefit of creditors: HLC Environmental Projects Ltd v Carvalho (2014) BCC 337, 362; Colin Gwyer & Associates Ltd v London Wharf Ltd (2003) BCC 885, 906 [74]; West Mercia Safetywear Ltd v Dodd (1988) BCLC 250 at 253;Brady & Anor v Brady & Anor (1987) 3 BCC 535, 552. In contrast, Australian authorities such as Walker v Wimborne (1976) 137 CLR 1 and Bell Group Ltd v Westpac Banking Corp (2012) WASCA 157 and leading judicial authorities in New Zealand such…

Government ignored tax loophole that helped shonky colleges rip off students – The Australian Financial Review

Education Minister Simon Birmingham has again blamed Labor for the VET FEE-HELP fiasco, even though the Coalition was slow to shut down the rorts. Louise Kennerley For three years the federal Coalition government ignored a major loophole in the VET FEE-HELP student loan scheme that allowed dodgy private colleges to scam the program and fraudulently…