Belgian court orders liquidation of Liberty Steel Liège, rejects restructuring plans

Liege Commercial Court in Belgium has rejected steelmaker Liberty Steel’s restructuring plans for its Liege subsidiary and ruled April 13 that it should be liquidated. The court ruled against the restructuring April 13, siding with workers unions and the Walloon regionl government’s investment arm Sogepa, which no longer wanted the two Belgian steel plants, Tilleur and Flemalle, in the hands…

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