Business
Adani quietly rebranding Abbot Point terminal as company hit with $107m damages bill – The Guardian
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 Adanis actions to advantage its own financial interests over other coal companies.
In the 93-page dec…
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