US EditionAcciaierie d'Italia Battles for Billions: Steel Giant's Legal Clash with ArcelorMittal
7 Articles
7 Articles
Ex-ILVA commissioners seek 7 bn in damages from ArcelorMittal
The extraordinary commissioners of the Acciaierie d'Italia (ADI), the group which includes the troubled former ILVA steelworks in Taranto, are suing ArcelorMittal for seven billion euros in damages over the multinational's management of the group between 2... (ANSA)
According to a complaint lodged this month at the Milan court and viewed by the Financial Times, Acciaierie d'Italia sued the other party for compensation for what it claims to have been an 'bad management' by ArcelorMittal
The liability action notified to the Franco-Indian group. The company in Taranto managed by a parallel governance that hid the failure
The plant in Düdelingen was abandoned in order to buy the steel plant Ilva in Taranto - this could now be very expensive for Europe's largest steel manufacturers.
Coverage Details
Bias Distribution
- 75% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
