(Bloomberg) -- The former billionaire Anil Ambani was ordered to pay $100 million within six weeks as a deposit in a lawsuit in which three Chinese banks are seeking hundreds of millions of dollars in defaulted loans.
Judge David Waksman made the order Friday in London.
Lawyers for Ambani said earlier that he didn’t have the funds to pay the deposit
To contact the reporter on this story: Jonathan Browning in London at jbrowning9@bloomberg.net
To contact the editor responsible for this story: Anthony Aarons at aaarons@bloomberg.net
