Monthly Archives: October 2019

What really killed Nyrstar NV? Shareholders have a strong case against Nyrstar’s board and Trafigura

Nyrstar’s shareholders are suing Nyrstar and ultimately plan to seek hundreds of millions of damages from Trafigura. They believe Trafigura used its influence on Nyrstar to sign extremely onerous contracts that led to Nyrstar’s bankruptcy and crushed minority shareholders. Trafigura now owns 98% of the restructured Nyrstar while the other shareholders have been virtually wiped out. […]