BVI court rejects Austrian bank’s call to wind-up Widjaja coal vehicle
Coal mining (Credit: iStock.com/hsvrs)
A court in the British Virgin Islands has rejected an application by Austrian bank Raiffeisen for the winding-up of a local investment vehicle established to take over and restructure an ailing UK-listed coal company.
To read more
Subscribe to Global Restructuring Review
Subscribe & start reading now!
GRR is a daily information service providing cross-border insolvency and restructuring news, features and events.
Subscribe now