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Judge Spares Ex-CEO Of Bankrupt KIT Digital From Additional Jail Time - Insolvency/Bankruptcy/Re-structuring mondaq.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mondaq.com Daily Mail and Mail on Sunday newspapers.
By Jonathan Stempel NEW YORK (Reuters) - A technology entrepreneur who invested in the studio behind the "Twilight" films was sentenced to five years . ....
A technology entrepreneur who invested in the studio behind the "Twilight" films was sentenced to five years in prison on Thursday after being convicted of fraud related to the video technology company Kit Digital Inc. ....
Save Share Kain Warwickâs crypto-anarchist bent began at 14, when his parents forbade him from expanding his tennis racquet restringing business. His father, Kim Warwick, toured as a professional tennis player, winning three titles including the 1981 Australian Open Doubles Championship, and reaching a career-high ranking of 15. Young Kain saw an opportunity to restring racquets at the family tennis centre. When he was quickly swamped with orders, his parents â perhaps fearing the dereliction of his school homework â shut the business down. It was a stunning lesson for Warwick in how authorities can stifle business innovation. And it set in train a lifelong distrust of any system where someone in charge gets to tell others what they can and canât do. ....