The corporate watchdog has failed in its civil action against One.Tel founder Jodee Rich and the doomed telecommunication's company's finance director Mark Silbermann.
James Packer has indicated he wants to continue the fight over the collapse of One.Tel, maintaining he was "profoundly misled" about the financial position of the company.
The joint venture between Microsoft and Publishing and Broadcasting Ltd (PBL) today confirmed its chief executive Martin Hoffman will leave the company.
Kerry Packer's Publishing and Broadcasting Limited (PBL) has snapped up a quarter share in jobs Web site Seek.com.au, just days after its NineMSN joint venture shut down rival site monster.com.au.
A landmark court ruling over the One.Tel collapse has brought its special purpose liquidator closer in his pursuit of Lachlan Murdoch and James Packer on behalf of creditors.
Yahoo continues to struggle behind Google in the US but in Australia, it's a slightly different story -- NineMSN, the partnership between Kerry Packer's PBL and Microsoft, remains a major stumbling block for the online giant.
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