Arrium ‘bled cash’ from banks prior to $2.8B collapse, court told
Amy Munro 2021-03-01 3:04 pmBy Miklos Bolza | Sydney
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Directors of steel producer Arrium continued to borrow money from “vulnerable” lenders in the months prior to the company’s $2.8 billion collapse and “bled cash” despite the inevitable end, a number of lenders have said on the first day of a 40-day trial in the NSW Supreme Court.

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