Noble Group hit with $260m lawsuit by Indonesian coal producer

Noble Group hit with $260m lawsuit by Indonesian coal producer

Noble Group Ltd. signage sits on display outside during an investor day in Singapore. Photographer: Nicky Loh/Bloomberg

Noble Group Ltd.’s week of woe just got worse as the commodity trader, which has defaulted on its debt and seen founder Richard Elman quit the board, said that it’s being sued by an Indonesian coal producer for more than a quarter of a billion dollars.

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