Adani quietly rebranding Abbot Point terminal as company hit with $107m damages bill
by Ben Smee from on (#57EGM)
Exclusive: Queensland supreme court says company engaged in unconscionable conduct'
Adani has quietly begun planning to rebrand its Abbot Point coal terminal - removing all reference to Adani in its company name and branding - as financiers continue to abandon the business and a Queensland court orders it to pay $106.8m in damages.
The Queensland supreme court this week ordered Adani to pay four terminal users damages for unconscionable conduct" in a judgement that was scathing of Adani's actions to advantage its own financial interests over other coal companies.
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