London | The embattled empire of Whyalla steelworks owner Sanjeev Gupta has come under fresh pressure in the British courts, where the Dubai-based businessman is fending off two new lawsuits.
Europe’s largest steelmaker, ArcelorMittal, has applied to the English High Court to put one of Mr Gupta’s key holding companies – which covers most of his continental European operations – into administration. ArcelorMittal is pursuing an unpaid debt.
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clarification —
This article has been amended to show Deepak Sogani remains chief financial officer of GFG.
Hans van Leeuwen covers British and European politics, economics and business from London. He has worked as a reporter, editor and policy adviser in Sydney, Canberra, Hanoi and London. Connect with Hans on Twitter. Email Hans at hans.vanleeuwen@afr.com
