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Bathurst wins legal battle over troubled coal mine

Ian Llewellyn
Wed, 14 Jul 2021

Supreme court overrules lower courts in case involving a failed coal mine. (Image: BusinessDesk)
Ian Llewellyn
Wed, 14 Jul 2021
Bathurst Resources has won a long-running legal battle with L&M Coal Holdings over payments related to the sale of a much troubled coal mine.A majority of a five-strong bench on the supreme court ruled Bathurst could indefinitely defer a US$40 million performance payment to L&M under the contract both companies signed over the purchase of mining permits on the West Coast.The judgment overturns rulings in the high court and court of appeal and awarded $30,000 costs to Bathurst for the supreme court case and said costs awarded in the lowe...

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