Essar Steel auction to test India’s new insolvency law
Luxembourgish and Russian-backed companies have emerged as competing bidders for insolvent steelmaker Essar Steel India, in what counsel to one of the potential buyers says will be a “milestone, precedent-setting” auction for the country’s year-old insolvency law.
To read more
Subscribe to Global Restructuring Review
Register for limited access
Register to receive our newsletter and gain limited access to subscriber content.
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Restructuring Review experts.