Beny Steinmetz: what consequences will end of fight against Soros have for Vale battle?

摘要

The action brought by BSGR against George Soros, which has now been voluntarily abandoned, was akey element in Beny Steinmetz's legal strategy against Vale. On 27 October, the action brought by Beny SteinmetzGroup Resources (BSGR) in New York against thebillionaire George Soros was abandoned at the requestof the parties themselves, Beny Steinmetz's firm lackingthe financial means to pursue the case (see our sisterpublication Intelligence Online, 15/06/21). The move mayhowever have repercussions on another legal action inwhich Steinmetz is embroiled.