Talley’s court scrap with Bathurst bursts into the open

A view across the Stockton Plateau, where Talley's and Bathurst Resources mine coal. (Image: NZME)

Wed, 26 Feb 2025

Motueka-based Talley’s Group is attempting to sue its joint venture shareholder, Bathurst Resources, over alleged Companies Act breaches by directors, “including in relation to certain capital raising initiatives and certain payments received by directors”.Talley’s alleges Bathurst (BRL) managed its affairs in a way that was “oppressive and unfairly prejudicial to minority shareholders including TGL (Talley’s)” and refers explicitly to the undisclosed outcome of an arbitration involving Bathurst and ano...

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