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State capture law firm rebrands, others jump ship

State capture law firm rebrands, others jump ship
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Optimum Coal Terminal (Pty) Limited and Another v Richards Bay Coal Teminal (Pty) Limited and Others (D531/2023) [2023] ZAKZDHC 9

Click here to read the full judgment on Saflii [1]        The applicant in this matter, the National Union of Mineworkers (NUM) launched an urgent application to intervene in the main dispute between Optimum Coal Mine (OCM), Optimum Coal Terminal (OCT) and Richards Bay Coal Terminal (RBCT) and in which it sought interim relief pending the determination of the main application.  This application was issued on Thursday, 2 February 2023 and set down for hearing on Monday, 6 February 2023. The .

Optimum creditor blasts untested Gupta links

Optimum creditor blasts untested Gupta links
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Optimum wars: Billionaire and ex-Gupta associate threatens to walk away, leaving jobs at stake

The British billionaire who is in the process of buying the assets of the Gupta family’s Optimum Coal Mine has threatened to walk away from the deal.

Optimum Coal s business rescue practitioners fight to retain use of terminal

Business rescue practitioners of the Gupta-linked Optimum Coal Mine in Mpumalanga have started various processes to ensure that the business rescue remains viable following the decision of the Richards Bay Coal Terminal to suspend the mine’s use of its export entitlement.

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