Michael Feutrill

Lithium-ion battery recycling company Neometals has defeated a whistleblower suit by a former executive who made a raft of allegations, including IP theft, against its joint venture partner on a project to supply a battery recycling plant to Mercedes-Benz.

Perth-based Farooq Khan has lost a key case in the battle for control over investment firm Keybridge Capital, after a judge invalidated a board decision to suspend activist investor Nicholas Bolton as CEO and terminate chair John Patton on the basis of Khan’s breach of his directors’ duties.