By Richard Vanderford ( May 11, 2020, 21:12 GMT | Insight) -- Mining company BSG Resources' New York bankruptcy case, filed after the company was ordered to pay Vale $2 billion because of BSGR's bribe-paying, is proceeding far too slowly, a judge said. The case is perhaps the slowest-ever proceeding under Chapter 15, the section of US bankruptcy law that deals with foreign bankruptcies, the judge said.Mining company BSG Resources' New York bankruptcy case, filed after the company was ordered to pay Vale $2 billion because of BSGR's bribe-paying, is proceeding far too slowly, a judge said. ...
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