Pike River receivers to enter no plea on Labour Dept charges

Mon, 30 Jul 2012

July 31 (BusinessDesk) - The receivers for the Pike River Coal company will enter no pleas on the 10 charges brought against the company, relating to the explosions which killed 29 underground miners in November 2010. PwC receiver John Fisk said they had no detailed knowledge of matters that related to the mine's management prior to the receivership, and were in no position to form a view or participate in what would be costly proceedings. "Even after the sale of the mine and related assets to Solid Energy, the company owes substantial amount...

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