MARKETS

Lakes gets day in court

LAKES Oil’s legal proceedings against the Victorian government will begin hearings today in the state’s Supreme Court with the company expecting proceedings to take three days in the case that is seeking A$2.7 billion in damages. 

Lakes Oil CEO Chris Tonkin

Lakes Oil CEO Chris Tonkin

It will mark the end of a contentious campaign  the wounded Lakes has waged since the government's exploration ban put an end to all work last year until 2020.    Lakes' contention is that the variations...

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