On the same day he is being questioned by a corruption hearing over his family's coal mining interests, Moses Obeid has had a partial victory in another matter at the Supreme Court in Sydney.
Mr Obeid's company Streetscape has been locked in a lengthy legal battle with the City of Sydney over street poles they installed around the time of the 2000 Olympics. The poles are multifunctional and capable of displaying banners or traffic lights. The City of Sydney later learned that Streetscape sold the same design in the Middle East and took the company to court.It alleged Streetscape and Mr Obeid breached the contract and won its case, with the company ordered to pay $12 million. But both the company and Mr Obeid lodged an appeal and Justice Reg Barrett today handed down a decision which resulted in a partial win for both parties.Friday, February 1, 2013
Saturday, January 26, 2013
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