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01 Apr
14:32

GFG says will 'vigorously' defend insolvency proceedings

GFG Alliance says it will “vigorously” defend any legal action against Liberty Steel while it continues talks with lender Greensill’s administrators over an agreement. This follows the filing by Credit Suisse of an application through Citigroup in the UK insolvency court to wind up Liberty Commodities Ltd. UK-based Liberty Commodities Ltd., which is owned by Singapore-registered Liberty Steel Group Holdings Pte Ltd., accounted for $4.22 bill…
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