Sher Tremonte Prevails on Behalf of Australian Public Company to Stop Unauthorized African Lawsuits Over Mining Rights

On June 8, 2022, Sher Tremonte obtained an order granting a declaratory judgment in favor of its client, the Australian mining company, Equus Mining Ltd. (“Equus”).  Sher Tremonte had initiated a lawsuit on behalf of Equus seeking a declaratory judgment stating that the defendant Blox Inc. (“Blox”) – another mining company that had purchased gold mining rights in Guinea from Equus – did not have authority to prosecute lawsuits in Equus’s name in the Guinean courts.  Blox had filed lawsuits in Equus’s name seeking to overturn the revocation of its purchased mining rights by the Guinean authorities.  Judge Katherine Polk Failla of the United States Court for the Southern District of New York issued an opinion awarding the requested declaration that Blox lacks the capacity to sue in Equus’s name without its consent.  The Sher Tremonte attorneys on the case were Justin M. Sher, Mark Cuccaro, and Robert Penn.  Read the opinion here.