ArcelorMittal North America Holdings LLC v. Essar Global Fund Limited et al

  1. October 12, 2022

    ArcelorMittal Settles $1.4B Steel Firm Arbitration Award Fight

    A unit of Luxembourg-based steelmaker ArcelorMittal has settled claims in its lawsuit accusing Indian conglomerate Essar Group of shuffling around assets to avoid paying a $1.4 billion arbitration award, according to New York federal court filings.

  2. September 23, 2022

    Boy Scouts Appeals Roll In, Alex Jones Ch. 11 Attys Nixed

    More than a dozen insurers commenced appeals of the Boy Scouts of America's confirmed Chapter 11 plan, proposed attorneys and advisers in an Alex Jones-linked bankruptcy were disqualified, and talc injury claimants questioned the good faith of Johnson & Johnson's talc unit in filing for bankruptcy. This is the week in bankruptcy.

  3. September 20, 2022

    ArcelorMittal Keeps $1.4B Award Fight With Essar In NY

    A New York federal judge declined to dismiss Luxembourg-based steelmaker ArcelorMittal's suit claiming Indian conglomerate Essar Group shuffled assets to avoid a $1.4 billion arbitration award, rejecting arguments that ArcelorMittal was forum shopping.

  4. May 24, 2022

    2nd Circ. Case's Relevance Disputed In $1.4B Award Fight

    Luxembourg-based steelmaker ArcelorMittal on Monday rebutted arguments by Essar Group that a recent Second Circuit decision sending a dispute over a canceled $1.1 billion power plant project to Angola supports the Indian conglomerate's bid to toss litigation filed by the steelmaker to enforce a $1.4 billion arbitral award.

  5. April 05, 2022

    Essar Says $1.4B Fraud Suit Has No Place In NY

    Indian conglomerate Essar Group is urging a court in New York to toss litigation filed by ArcelorMittal over an alleged fraudulent transfer of a billion-dollar-plus asset that it claims has stymied its efforts to enforce a $1.4 billion arbitral award, saying the steel manufacturing giant is forum-shopping.

  6. November 03, 2021

    ArcelorMittal Fights To Keep Essar Fraud Suit Alive In NY

    A lawsuit filed by ArcelorMittal seeking to unwind an allegedly fraudulent transfer of a billion-dollar-plus asset between units of Indian conglomerate Essar Group appeared likely on Wednesday to face jurisdictional headwinds after a New York judge expressed doubts about ruling on actions that took place abroad.

  7. September 27, 2021

    ArcelorMittal Defends Bid To Get $1.4B Essar Award In NY

    Steel giant ArcelorMittal told a New York federal judge that Essar Group must face its $1.4 billion award suit, arguing it doesn't matter that ArcelorMittal is trying to enforce the award in other jurisdictions because award enforcement proceedings can happen concurrently in more than one venue.

  8. September 20, 2021

    ArcelorMittal Suit Doesn't Belong In NY, Court Hears

    Litigation filed by ArcelorMittal to unwind an allegedly fraudulent transfer of a billion-dollar-plus asset between Essar Group units doesn't belong in New York, the Indian conglomerate argued on Friday, accusing the steel giant of forum shopping.

  9. August 19, 2021

    ArcelorMittal, Owed $1.4B, Targets Essar Over Alleged Fraud

    ArcelorMittal has sued the principal holding company of Indian conglomerate Essar Group in New York, seeking to unwind an allegedly fraudulent transfer of a billion-dollar-plus asset that the steel manufacturing giant says has stymied its efforts to collect a $1.4 billion arbitral award.