Atradius can't bring late $1.5B claim over Arrium administration

Atradius can’t bring late $1.5B claim over Arrium administration

Restructuring & Insolvency 2023-05-03 10:25 pm By Cindy Cameronne | Sydney

Please login to bookmark

Insurer Atradius has lost its bid to bring a $1.5 billion (US$1 billion) case against four KordaMentha liquidators and 60 financiers of the Arrium group alleging they failed to act under a duty of utmost good faith when agreeing on how to divvy up sale proceeds for several entities.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

error: The content is secured.

For information on rights and reprints, contact subscriptions@lawyerly.com.au