James Packer, son of media mogul Kerry Packer, has removed himself from the board of Crown Resorts due to ‘personal reasons’, the gaming and entertainment group has announced. Commenting on Packer’s resignation, Crown’s Executive Chairman, John Alexander, said, “We have appreciated James’ contribution to the Board and respect his decision to step down from his […]
James Packer and Lachlan Murdoch have both been offered directors positions on the Ten Network Holdings board after James Packer’s Consolidated Press Holdings (CPH) increased its investment in the television network to 18 percent.
Lachlan Murdoch and James Packer are set to face court over the collapse of One.Tel in 2001 after accounting firm Pitcher Partners filed a statement of claim with the Federal Court against One.Tel seeking $244 million in damages.
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