US company's attempt to sue Australian government collapses

Florida-based APR Energy sought compensation for treatment of its gas turbines

A US energy company’s controversial and unprecedented attempt to sue the Australian government has collapsed, leaving taxpayers with a $44,000 bill.

In 2017 Florida-based APR Energy became the first company to attempt to sue the Australian government under the Australia-US free trade agreement, demanding $344m in compensation for Australia’s treatment of its gas turbines.

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from The Guardian http://bit.ly/2Vb9NIe
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