Vale International S.A. et al

  1. February 22, 2022

    Vale Challenges Real Estate Co.'s Fee Payment In NY Case

    Vale SA urged a Manhattan federal court not to make it pay for a real estate investor's discovery expenses in a New York lawsuit after the mining giant abruptly dropped a parallel $1.2 billion bribery case in the U.K. against billionaire Beny Steinmetz.

  2. February 17, 2022

    Fee Requests Start Coming In After Vale Drops Bribery Suit

    The fallout from Vale SA's sudden decision to drop a $1.2 billion bribery case it had filed in the U.K. against Beny Steinmetz continued in New York this week, when it was suggested that the Brazilian mining company should be liable for hundreds of thousands of dollars in fees and costs in a parallel case.

  3. May 28, 2021

    Vale Says Steinmetz's Real Estate Co. Is Stonewalling

    Brazilian mining company Vale SA is seeking to compel discovery from a Manhattan real estate corporation in a long-running effort to recover funds from an alleged billion-dollar fraud perpetrated by BSG Resources and its owner, Beny Steinmetz.

  4. July 20, 2020

    Vale Wins Bid For Docs In $500M Guinean Mining Project Fight

    A New York judge on Monday allowed Brazilian mining company Vale SA to seek information on the whereabouts of $500 million it invested in a doomed Guinean mining project to be used in U.K. litigation accusing Israeli billionaire Beny Steinmetz of fraudulently inducing it to enter into the venture.

  5. June 11, 2020

    Real Estate Co. Targeted In Vale's $500M Doc Bid Wants Out

    A Manhattan real estate investment company targeted in Brazilian mining company Vale SA's bid to recover $500 million it invested in a doomed Guinean mining project on Wednesday joined a push for a New York federal court to deny Vale a discovery order seeking information it wants to use in litigation abroad.

  6. May 12, 2020

    Real Estate Co. Slams Vale Claims In $500M Mining JV Fight

    A New York real estate investment firm has bristled at allegations that it was involved in a scheme to funnel $500 million invested by Brazilian mining company Vale SA in a doomed Guinean venture into expensive Manhattan real estate, saying the claims are based on "speculation and happenstance."

  7. April 27, 2020

    Vale Looks To Recover $500M Put Into Failed Mining Project

    Brazilian mining company Vale SA is looking to claw back the $500 million it invested in a doomed Guinean mining project involving a mining company owned by Israeli billionaire Beny Steinmetz, targeting a slew of Manhattan real estate investors for information on the whereabouts of the "ill-gotten gains."