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White Oak: Why is the "white knight" so closely associated with Gupta's metal band?


White Oak: Why is the “white knight” so closely associated with Gupta’s metal band?
When the Office of Serious Fraud confirmed on Friday that Sanjeev was investigating Gupta’s GFG Alliance, it appeared that the potential rescuer of the metal group had left.
White Oak Global Advisors, which agreed to two emergency financial agreements with Gupta’s Australian and British steelmakers, said on Friday that “there is no way to continue discussions with any company investigated by the Office of Serious Fraud for money laundering.” .
Hours later, it was seemingly contradictory about GFG’s Australian business: “White Oak continues to make efforts to refinance Liberty Primary Metals Australia’s debt with due diligence and acceptable governance.” ....

United Kingdom , New York , United States , White House , District Of Columbia , San Francisco , David Cameron , Gupta Liberty , Bank Suisse , Office Of Serious Fraud , Westford Trade Services , Serious Fraud , Oak Global Advisors , Liberty Primary Metals Australia , White Oak , Greensill Capital , Liberty Commodities , Hong Kong Registered , British Steel , ஒன்றுபட்டது கிஂக்டம் , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , வெள்ளை வீடு , மாவட்டம் ஆஃப் கொலம்பியா , சான் பிரான்சிஸ்கோ , டேவிட் கேமரூன் ,

GFG Alliance confident ahead of Credit Suisse court hearing


GFG Alliance confident ahead of Credit Suisse court hearing
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Sanjeev Gupta’s GFG Alliance remains confident it can secure financing to keep its Australian steelmaking operations open as it prepares for its first hearing in a legal skirmish with Credit Suisse.
Mr Gupta’s legal counsel will appear in the NSW Supreme Court on Thursday for a directions hearing after Credit Suisse, via Citibank, filed an application for “winding up in insolvency” against GFG’s OneSteel Manufacturing, which operates the Whyalla Steelworks, and GFG’s Tahmoor Coal.
Citibank acts as trustee for some US$1.6 billion ($2.1 billion) of GFG-related invoices that were packaged into bonds by the collapsed firm Greensill Capital and held in four supply-chain funds managed by Credit Suisse, which is trying to recover billions of dollars for more than 1000 investors who sank money into them. ....

United States , South Australia , New South Wales , San Francisco , Andreas Gottschling , Ed Husic , Credit Suisse , Oak Global Advisors , Greensill Capital , Tahmoor Coal , Onesteel Manufacturing , ஒன்றுபட்டது மாநிலங்களில் , தெற்கு ஆஸ்திரேலியா , புதியது தெற்கு வேல்ஸ் , சான் பிரான்சிஸ்கோ , எட் ஹுசிக் , கடன் ஸ்யூயி , தஹ்மூர் நிலக்கரி ,