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Europe’s largest local authority went bankrupt over equal pay claims worth up to $1 billion—turns out, it may not bleed too much money on it after allThe city council at Birmingham, located in the midlands of the country, was slammed with a ginormous equal pay claim worth up to £760 million ($955 million), following which it said the council ...
Acting on a petition filed in May 2024 on behalf of Rosenergobank, which itself went bankrupt in 2017, the arbitration court found Nadezhdin had unfulfilled obligations to the bank totalling 77.4 ...
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