Trustee Gets Feathers Ruffled Over Asarco Bid

Law360, New York (September 11, 2008, 12:00 AM EDT) -- The U.S. trustee overseeing the Asarco LLC bankruptcy case has objected to the mining company's motion to have its disclosure statement approved, contending that the bid fails to properly include him in the process.

On Wednesday, U.S. Trustee Charles McVay of the U.S. Bankruptcy Court for the Southern District of Texas filed a limited objection to the motion brought by Asarco and Americas Mining Corp., currently seeking to secure approval of the form of confirmation hearing notice and to establish procedures for the filing and serving...
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