Bathurst Resources (ASX:BRL) said the New Zealand High Court directed that only the result of the interlocutory applications regarding the ongoing proceedings between Bathurst and Talleys Group be published, while imposing non-publication and suppression orders in the case, according to a Friday Australian bourse filing.
The court dismissed Bathurst's application to strike out Talleys Group's proceeding as an abuse of process, its application to strike out Talleys Group's second cause of action under the Limitation Act, and its application for trial on a preliminary question.
It also dismissed Talleys Group's application to strike out Bathurst's counterclaims and its application for an evidential ruling.
Talley's Group brought two heavily overlapping sets of proceedings against Bathurst Resources, alleging prejudiced shareholders' claims and misleading representations. Bathurst and its directors filed a statement of defense and counterclaims in response to the allegations made in those proceedings.
Brathurst's shares fell 2% in recent trading on Friday.
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