MANAGEMENT

WICET appeal against New Hope subsidiary decision fails

THE New South Wales Court of Appeal has confirmed the Supreme Court’s declaration that New Hope Corporation has not guaranteed the debts of its subsidiaries Northern Energy Corporation and Colton Coal under the Deed of Cross Guarantee.

WICET appeal against New Hope subsidiary decision fails

Wiggins Island Coal Export Terminal has filed an appeal with the Court of Appeal in NSW in relation to a Supreme Court decision that found New Hope Coal was not liable for the debt owed by its subsidiary...

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