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Asarco's Bid for Veto Power Draws Objections

By Ben James (September 13, 2007, 12:00 AM EDT) -- A bid from the parent company of bankrupt mining outfit Asarco LLC to limit Asarco's ability to enter into settlement pacts has drawn three recent objections, including one from the U.S. government, all of which argue that Asarco should act in the interest of its estate and creditors, not the interest of its corporate parent....

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