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Lorraine. Liquidation of Novasco Hagondange: About Hundreds of Complaints Against the Greybull Fund?

The shock is immense, after the liquidation of the Hagondange steel factory, 450 jobs. The steelmakers of NovAsco do not intend to stay there. A resounding trial could open, playing on the "simple" notion of civil liability. The British investment fund Greybull became "adversary" number 1.
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Greybull, who abandoned NovAsco, crystallizes all the hatreds in Hagondange and Custines. Employees will sue this British investment fund run by a Frenchman. If he claims meagre successes, he has mostly made himself known for several resounding failures.

The shock is immense, after the liquidation of the Hagondange steel factory, 450 jobs. The steelmakers of NovAsco do not intend to stay there. A resounding trial could open, playing on the "simple" notion of civil liability. The British investment fund Greybull became "adversary" number 1.

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republicain-lorrain.fr broke the news in on Monday, November 24, 2025.
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