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Published on: 12 Mar 2013 By (Dianne Saxe)

Timminco motion: A new twist in insolvency v environment

The insolvent metal processing company, Timminco, is attempting a new twist to “cleanse” creditors of environmental claims through insolvency law. They have applied to the Commercial List for permission to sell their valueless contaminated sites, for virtually nothing, to new sub…

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