Supreme Court rejects Kyanite Corp.’s plea to block liquidation

By Emma Hughes
Published: Friday, 28 September 2012

Company receivership goes ahead as court appeal case continues

The Virginia, US Supreme Court has rejected Kyanite Mining Corp.’s (KMC) request to halt liquidation proceedings pending an appeal of a lower court decision to have the company wound-up for mismanagement, The Richmond Times Dispatch reported.

In the request filed in mid-September, KMC described the company’s order into...

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