The Supreme Court of Queensland, Australia, has dismissed rail freight operator Aurizon's legal challenge to the Queensland Competition Authority's (QCA) draft decision to limit its potential revenues for the 2017-2021 period.
The draft decision entailed limiting Aurizon's maximum allowable revenue to A$3.893 billion over the four-year period - A$1 billion below the company's projected revenues.Earlier this year, Aurizon had applied to the court for a judicial review of QCA's draft decision on the 2017 'Draft Access Undertaking for Aurizon's Central Queensland Coal Network' on the basis of "apprehended bias" - an Australian legal term determining whether a layperson with knowledge of the facts might reasonably understand that the judicial or administrative decision-maker might unconsciously or...