Drill tool maker wins appeal

MINING equiopment, technology and services provider Imdex has won an appeal against Coretell relating to a legal battle that started more than 10 years ago.
Drill tool maker wins appeal Drill tool maker wins appeal Drill tool maker wins appeal Drill tool maker wins appeal Drill tool maker wins appeal

Imdex has had a court win.

Noel Dyson

On March 17 the Full Court of the Federal Court ruled in favour of Imdex and its subsidiary the Australian Mud Company and also ordered that Coretell pay AMC’s and Imdex’s legal costs.

Under the previous Federal Court judgment, Imdex and AMC and another Imdex subsidiary Reflex Instruments Asia Pacific had been ordered to pay Coretell $1.5 million.

Imdex appealed the decision and Federal Court Justices Peter Greenwood, Stephen Burley and Jayne Jagot agreed, overturning the original decision.

Imdex believes the combined costs liability for Coretell in this case plus those from another related case regarding the infringement of two of AMC’s patents in which damages are yet to be assessed, will exceed $5 million.

Imdex managing director Bernie Ridgeway said the company would take immediate steps to recover its costs from Coretell.

“We take the protection of our intellectual property rights very seriously and remain committed to enforcing those rights,” he said.