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February 13, 2020

A&M India advised on the historic operational turnaround and $7 billion sale of Essar Steel Ltd in bankruptcy. Managing Directors Nandini Chopra, Vivek Kamra, and Nikhil Shah supported the insolvency proceedings of India's biggest Insolvency and Bankruptcy Code (IBC) recoveries. See the media coverage of this deal in the links below.

"Gruelling battle for 865 days: The making of Rs 42,000-cr Essar Steel deal",
Business Standard, 29 December 2019


"How bankruptcy got redefined in India",
LiveMint.com, 23 December 2019


"The remarkable case of Essar Steel: how it turned around operationally during the insolvency process",
Economic Times [India], 19 December 2019

 

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