English court declines declaration on Essar notes due to Indian bankruptcy
Steel mill (Credit: iStock.com/mbz-photodesign)
An English court has refused to declare the value of a tranche of notes issued by steelmaker Essar Steel India, voicing concerns that it could interfere in the company’s Indian insolvency proceedings.
To read more
Subscribe to Global Restructuring Review
Register for limited access
Register to receive our newsletter and gain limited access to subscriber content.
Register now
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Restructuring Review experts.
Subscribe now