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The battle over Arriumâs demise kicks off The downfall of the one-time BHP Billiton division is to be forensically examined in three separate, but interlinked, legal actions getting under way on Monday. Sparks are expected to fly in the NSW Supreme Court over the collapse of Arrium. Robert Woodland Save Share Five years after steel-maker Arrium spectacularly collapsed owing more than $2.8 billion to creditors, the downfall of the former BHP Billiton division, spun off as OneSteel in 2000, faces a forensic examination in three interlinked legal actions getting under way on Monday. All three will be heard by Justice Michael Ball. Robert Bakewell, Arriumâs former chief financial officer and a defendant in the actions, has launched a cross-claim against Herbert Smith Freehills over its advice. ....