Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events

Essar Steel Algoma creditors seek receivership to speed up asset sale

By Declan Bush

13 November 2018

Creditors of bankrupt Canadian steelmaker Essar Steel Algoma have sought to force its host port’s operating company into receivership to hasten the end of the company’s three-year restructuring.

Essar Steel Algoma creditors seek receivership to speed up asset sale Essar Steel Algoma is nearing the end of its three-year restructuring case.