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ETT wins injunction against IPSTAR

ETT wins injunction against IPSTAR

NSW Supreme Court to hear case today.

The Supreme Court of NSW has granted ETT Limited's (ASX: ETT) request for an injunction against IPSTAR Australia's contract termination order, and both parties will be before the courts today to plead their cases.

ETT had appealed to the courts earlier this month, shortly after IPSTAR abruptly terminated a supply contract both companies had agreed to.

Under the injunction, handed down on Friday, IPSTAR will be unable to act on the contested Notice of Termination of Contract while the case is being heard.

This is the second injunction ETT has been granted in this case - the first was only effective until last Friday.


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