Marking the end of an era, Swiss financier Werner Rey has resigned as chairman of his prime investment vehicle Omni Holding AG and Omni is to seek temporary court protection from its creditors: in part of its efforts to get out of its troubles, Omni has been trying to sell its 53% stake in employment agency and parent of computer leaser Meridian International NV to Asko Deutsche Kaufhaus AG of Germany for $575m.
