Gupta’s empire clawback strategy is to give it up to get it back

Sanjeev Gupta is pushing a pre-packaged DOCA to keep control of Tahmoor Coal as Liberty Primary Metals Australia faces a $130 million debt crunch, but the strategy sits under pressure from contractor NRW’s winding-up bid and the NSW government’s refusal to lift its security without repayment of $29 million in royalties.

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