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$40M Judgment Against Mining Co. Stayed In Stock Dispute

By Caroline Simson (December 23, 2015, 9:36 PM EST) -- Australian mining tycoon Joseph Gutnick and his phosphate company won't have to pay up on a $40 million award issued by a Singapore arbitration tribunal in a dispute over a stock purchase agreement with India's largest fertilizer collective until an appeals court weighs in, an Australian judge ruled Tuesday, citing Gutnick's intention to pursue the appeal "with all due expedition."...

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