DEVELOPER 'lost the run of himself' on grandiose projects
A DEVELOPER, who allegedly unlawfully diverted over US$13m for his own benefit from US$50m paid towards the completion of a luxury resort in the Caribbean, lost the run of himself using money for grandiose projects, it was claimed in the High Court today.
SOFTWARE developer AppSense has replaced its chief executive amid reports of investor unease and its planned IPO in New York is on the rocks.The Daresbury and New York-based pioneer of virtualisation software has appointed Scott Arnold as its new CEO after the sudden departure of American Darron Antill after two years in the role.Mr Arnold.