Latest ASARCO LLC Stories
EL PASO, Texas, Nov.
CAMBRIDGE, Mass., June 17 /PRNewswire/ -- Testimony provided by The Brattle Group contributed to the recent approval of ASARCO LLC's motion to settle environmental claims at 53 sites nationwide for $1.1 billion.
ASARCO LLC announced today that it is terminating its contract with Sterlite (USA), Inc., for the sale of its operating assets. ASARCO also announced that it will draw on the $50 million letter of credit posted by Sterlite when it signed the purchase contract on May 30, 2008.
ASARCO LLC attorneys announced today at a status conference with the U.S.
By GABRIELA RICO Court asked to award $3.5B cash and return of Peru mines' stock Attorneys for Asarco LLC have asked a federal judge to award the Tucson-based copper producer the equivalent of $10.2 billion in money and stock from its former parent company.
This week creditors of ASARCO LLC are receiving their ballots to vote on the Company's reorganization plan. Last Monday, September 29, Alix Partners, LLP, the Company's balloting agent, mailed a solicitation package to all creditors of record as of September 23, 2008.
The U.S. Bankruptcy Court in Corpus Christi, TX today tentatively approved ASARCO LLC's disclosure statement, subject to final approval of the form of an order, finding that it contains adequate information and can be used to explain and solicit creditor votes for its chapter 11 reorganization plan.
Tucson based ASARCO LLC (ASARCO) announced that it is filing today a Plan of Reorganization with the U.S. Bankruptcy Court in Corpus Christi, Texas. The plan implements the previously-announced sale of ASARCO's operating assets to Sterlite (USA), Inc., a subsidiary of Sterlite Industries (India) Ltd.
By GABRIELA RICO ASARCO MINERS PROTEST Workers don't want Grupo Mexico back at helm of copper business KEARNY - For more than three decades he has worked as a mechanic at the Ray copper mine.
- To play, gamble.
- To impose upon; delude; trick; humbug; also, to joke; chaff.
- A deceitful game or trick; trickery; humbug; nonsense.