Keep promoter off liquidated assets, otherwise, bankruptcy politics will turn toxic – Economic Times (blog)

The governments new and improved rules for insolvency resolution are not good enough and will pave the way for huge political embarrassment for the government. Neither the original rules nor the new ones preclude original promoters who ran their companies into bankruptcy repossessing their assets on the cheap, shorn of debt. This is a bad…

World Rugby increases funding amid Samoa crisis – beIN SPORTS AUSTRALIA

SUBSCRIBE TO beIN SPORTS TO WATCH A FEAST OF INTERNATIONAL RUGBY IN NOVEMBER DON’T WANT TO FIGHT THE ALARM? CATCH UP VIA beIN SPORTS CONNECT World Rugby has increased its funding in Pacific Islands teams after the Samoa Rugby Union (SRU) was declared bankrupt. Samoan prime minister Tuilaepa Lupesoliai Sailele Malielegaoi, the SRU chairman, issued a fundraising…