Top investment bankers from UBS and Lazard and senior partners from KPMG and law firm Herbert Smith Freehills are among 22 people to be grilled by lawyers for administrators KordaMentha in the next three months in public examinations over the collapse of steel maker Arrium.
The non-executive directors of Arrium at the time of its collapse in April 2016, with debts of $4 billion, are also scheduled to be put under scrutiny in the court examinations, with former Arrium chief executive Andrew Roberts the final person on the list of “examinees” as part of KordaMentha’s investigations.
KordaMentha outlined in a report to creditors in mid-December that it would commence the public examinations in 2018 as part of the insolvency firm’s investi…
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