What is the nature of the legal action filed by LAM Trade Finance Group II against Radiant World in London?

LAM Trade Finance Group II filed a pre-action application with London's High Court on August 27, according to court records; the nature of the application or what it sought was not clear from the court file, which contained no publicly available documents.

Who are the defendants named in the London High Court filing related to Radiant World?

The defendants named in the filing include Radiant World, its founder Pinkesh Nahar, Sapphire Minmetals Corp — another trading firm that used to be part of Radiant World — and Sapphire Minmetals Chairman Rakesh Sethi.

Jefferies-linked Fund Sues Iron Ore Trader Radiant World in London

Sep 2, 2026

LAM Trade Finance Group II, backed by Jefferies, filed a lawsuit against iron ore trader Radiant World in London over alleged invalid invoices. Other creditors including Mizuho Bank and Incomlend have also initiated legal actions against the firm.

reuters

2026-09-02

Jefferies-linked Fund Sues Iron Ore Trader Radiant World in London

Jefferies-linked Fund Sues Iron Ore Trader Radiant World in London

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