Ann: Trading Halt, page-3

The primary judge was correct at [16] to conclude that “[o]n the proper construction of the Deed, New Hope and the Part 1(2) Entities [i.e. the first to ninth respondents to the appeals] have not guaranteed the obligations of the Part 1(3) Entities”. The appeal should be dismissed.
Proposed ordersForthe foregoing reasons I propose the following orders1) In theWICET proceedings 2019/259457a) appealdismissed;(b) appellantto pay the costs of the first to ninth respondents.(2) In the NECand Colton Coal proceedings 2019/263368a) appealdismissed;(b) appellantsto pay the costs of the first to ninthrespondents.**********

as can been seen from the judgement of the NSW Court of Appeal , NHC has another win.