Indonesia High Court Nixes Churchill’s $2B Coal License Row

Law360, New York (June 14, 2012, 2:20 PM EDT) -- The Indonesian Supreme Court has officially rejected U.K. coal mining company Churchill Mining PLC's appeal of a decision to revoke four mining licenses worth nearly $2 billion in the country, Churchill Mining said Thursday.

Churchill Mining said that the Indonesia high court sent a notice to the firm confirming that its appeal had been rejected. The company had said in April that notations on the court's register indicated that the appeal would be denied.

Churchill Mining was appealing the government's cancelation of four licenses held by...
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