MANAGEMENT

Bathurst granted leave to appeal $40M decision

BATHURST Resources has been granted leave to appeal a New Zealand Court of Appeals decision from April 24 that held Bathurst liable for a US$40 (A$56) million to L&M Coal Holdings.

Bathurst has been granted right to appeal a $40 million judgement.

Bathurst has been granted right to appeal a $40 million judgement.

The $40 million was a performance payment to LMCH. Bathurst had denied it was liable for the performance payment. The NZ Court of Appeals disagreed. Bathurst will get another chance to argue its...

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