A court case that could have led to Liberty’s Speciality Steel business going into insolvency has been adjourned until July.
The hearing has been adjourned to July 16, with discussions ongoing to keep the business going – including a potential sale of the business.
Jeffrey Kabel, LIBERTY Steel Chief Transformation Officer said: “Today’s adjournment is a positive development, allowing us the necessary time to finalise options including a sale of the business while we continue to pursue our debt restructuring efforts.
“We remain committed to finding the right solution that preserves EAF…
