Be Rebels Face Lawsuit

Summary


BRITISH Energy's creditors are suing rebel shareholders Polygon and Brandes for damages that could run to Pounds 1.7bn.

Creditors are accusing the American fund managers who own 12.5pc of inducing the ailing nuclear generator to breach its contract with bondholders by promoting shareholder resolutions designed to tear up its planned restructuring.

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Extract


Be Rebels Face Lawsuit

The pair are pushing a plan that would see ...

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