Hurricane Energy plc’s bondholders today voted 100% to support the company’s restructuring plan while the majority of shareholders voted against it. Shareholder votes in favour were reported at 7.66% compared with 92.34% opposing the plan. The company said that 1,518,667 votes were withheld and 32.87% of the issued share capital voted. Hurricane added that because […]
Tag: High Court
WCM starts legal process over coal mine decision
West Cumbria Mining Ltd (WCM) has started the process for a judicial review over the local council’s decision to reconsider plans for a metallurgical coal mine under the Irish Sea. Cumbria County Council has three times approved the application for Woodhouse Colliery off the coast of Whitehaven. Secretary of State Robert Jenrick has twice refused […]