Plan Administrator Seeks Up To $9 Million Payment To Reorganized ASARCO

(November 17, 2015, 4:34 PM EST) -- CORPUS CHRISTI, Texas — The administrator for the plan of reorganization of reorganized ASARCO LLC on Oct. 20 sought approval from a Texas federal bankruptcy court to return up to $9 million in unused bankruptcy funding to the company (In re: ASARCO LLC, No. 05-21207, S.D. Texas Bkcy.).

(Motion for subsequent distribution available. Document #48-151120-019M.)

$3.35 Billion

ASARCO and five subsidiaries filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in 2005 in the U.S. Bankruptcy Court for the Southern District of...
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