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Bathurst to pay US$40M after losing court appeal

BATHURST Resources will have to pay L&M Coal Holdings US$40 million together with interest and legal costs after the Court of Appeal in New Zealand upheld a High Court case brought against it by LMCH.

Lou Caruana
Bathurst to pay US$40M after losing court appeal

Bathurst is reviewing its legal position following the decision. On August 20 2018 the New Zealand High Court found in favour of LMCH regarding the disputed $40 million performance payment under the...

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