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

ArcelorMittal plan for Essar Steel approved

By Benjamin Clarke

11 March 2019

ArcelorMittal plan for Essar Steel approved iStock.com/sdlgzps

Luxembourg-headquartered steel manufacturer ArcelorMittal has won approval for its 500 billion rupee (US$7.15 billion) resolution plan for debt-laden Essar Steel India from a National Company Law Tribunal in Ahmedabad.