Noble Group survival threatened as miner sues to end coal deal
Strained Noble Group, which is fighting for survival, is being sued by an Indonesian coal miner in a case that could jeopardize some of its remaining businesses.
by Rieka Rahadiana and Lianting Tu, bloomberg
Noble Group Ltd.'s week of woe just got a lot worse as the trader, which has defaulted and seen founder Richard Elman quit the board, was sued by an Indonesian coal miner for more than a quarter of a billion dollars in a case that may jeopardize some of its remaining business.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Noble Group's founder Richard Elman resigns
For subscribers
Noble Group braces for first bond default as pressure mounts
For subscribers
