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The Guardian - UK
The Guardian - UK
Business
Jasper Jolly

GFG Alliance launches high court action to reclaim aluminium smelter

GFG GFG Alliance AIP Sanjeev Gupta United States Greensill Romania
Sanjeev Gupta
Court filings may prompt further scrutiny of operations controlled by Sanjeev Gupta, CEO and chair of the GFG Alliance metals empire. Photograph: Denis Charlet/AFP/Getty

Sanjeev Gupta’s GFG Alliance metals empire has launched an action in London’s high court in a last-ditch attempt to reclaim a prized aluminium smelter in northern France from a US private equity fund.

Two GFG Alliance companies have filed a legal claim against a fund controlled by American Industrial Partners (AIP), which has run the smelter in Dunkerque since October after gaining approval from the French government.

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