London court hearing in $577 million Trafigura nickel case due Friday

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 66%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

LONDON : A London court is due to hold a hearing on Friday about a $625 million global freezing order imposed on Indian businessman Prateek Gupta and a web of firms he controls.Trafigura, which sought the order, said on Feb. 9 that it had booked a $577 million charge relating to what it alleges is 'system

LONDON : A London court is due to hold a hearing on Friday about a $625 million global freezing order imposed on Indian businessman Prateek Gupta and a web of firms he controls.

A lawyer in Singapore representing Gupta and one of his companies has previously declined to comment, saying his client would respond in court.A High Court judge in London imposed a freezing order on bank accounts and other assets tied to Gupta and seven Gupta-controlled companies, including those in Britain, Singapore, Malaysia and Switzerland, which was dated Feb. 8.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in LAW

Law Law Latest News, Law Law Headlines