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Maroc Maroc - DEFENCEWEB.CO.ZA - A La Une - 15/Aug 18:37

Paramount ADGM files for Chapter 11 over arbitration dispute in the Middle East but global operations unaffected

UAE-based Paramount ADGM (Abu Dhabi Global Market) has filed for Chapter 11 bankruptcy protection in Delaware, United States, over a dispute initiated by a Middle Eastern defence company. Global aerospace and defence company Paramount has operations worldwide, but operations in South Africa and elsewhere will not be affected, the company has said. Bloomberg reported that […] The post Paramount ADGM files for Chapter 11 over arbitration dispute in the Middle East but global operations unaffected appeared first on defenceWeb.

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