ArcelorMittal Holdings AG v Liberty House Group Pte Ltd

[2025] SGHC 77 High Court (General Division) 28 April 2025 • HC/OA 1041/2024|HC/OA 49/2025 • 36 min read

12 cases cited

Catchwords

Companies — Schemes of arrangement — Moratorium order Companies — Receiver and manager — Judicial management order

Practice Areas

Companies

Judges (1)

Hri Kumar Nair Delivered

Counsel (9)

Providence Law Asia LLC Firm Rev Law LLC Firm Alston Yeong Counsel Respondent Chua Sui Tong Counsel Applicant Huang Xinli Daniel Counsel Respondent Lau Hui Ming Kenny Counsel Respondent Ng Tse Jun Russell Counsel Applicant Vergis S Abraham Counsel Respondent Wong Wan Chee Counsel Applicant

Parties (2)

ArcelorMittal Holdings AG Applicant Liberty House Group Pte Ltd Respondent

Case Significance

[2025] SGHC 77 is a High Court (General Division) decision dated 28 April 2025 concerning Companies, specifically addressing schemes of arrangement and receiver and manager. The judgment was delivered by Hri Kumar Nair. The case was brought by ArcelorMittal Holdings AG (applicant) against Liberty House Group Pte Ltd (respondent). Legal representation was provided by Rev Law LLC and Providence Law Asia LLC. The judgment cites 12 cases and references 3 statutory provisions, including the Companies Act, the Insolvency, and the Restructuring and Dissolution Act.

Summary

ArcelorMittal applied to place Liberty House Group Pte Ltd in judicial management due to the company's financial difficulties following the collapse of Greensill Capital. The court granted the judicial management order, rejecting the company's alternative application for a four-month moratorium to propose a scheme of arrangement, finding the proposed scheme lacked transparency and creditor confidence.

What was decided in [2025] SGHC 77?

[2025] SGHC 77 (ArcelorMittal Holdings AG v Liberty House Group Pte Ltd) is a High Court (General Division) decision from 28 April 2025 addressing Companies, specifically schemes of arrangement and receiver and manager. The judgment was delivered by Hri Kumar Nair.

Who were the parties in ArcelorMittal Holdings AG v Liberty House Group Pte Ltd?

The applicant in [2025] SGHC 77 was ArcelorMittal Holdings AG, and the respondent was Liberty House Group Pte Ltd. Legal representation included Providence Law Asia LLC and Rev Law LLC. The case was decided on 28 April 2025 in the High Court (General Division).