Soros Says Steinmetz Must Appear For $10B Mining Suit

Law360 (May 10, 2021, 7:17 PM EDT) -- Billionaire investor George Soros urged a New York federal judge to force Israeli billionaire Beny Steinmetz to appear in court for a deposition related to a $10 billion lawsuit over a contract to mine valuable iron ore deposits in Guinea.

Steinmetz secured and lost an iron mining agreement with Guinea and claims Soros sabotaged the contract — both sides have previously alleged during the course of this suit that their opponent was trying to avoid taking responsibility for the revoked arrangement.

Soros wrote in a Friday memo supporting his request to make Steinmetz appear for the deposition that as the "namesake and...

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