Herbert Smith Freehills warned Arrium of insolvent trading risk, court told

Restructuring & Insolvency 2021-03-02 5:43 pm By Miklos Bolza | Sydney

Doomed iron and steel giant Arrium attempted to stave off its inevitable $2.8 billion collapse and put off negotiating with its lenders until the last minute despite warnings from its legal and financial advisors, liquidators for the company told the court.