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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.
New York United States Katherine Polk Failla Bob Weigel Caroline Simson Essar Group
Source: law360.com

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