Bayou Steel Creditors Seek To Convert Case To Ch. 7

By Rick Archer (January 22, 2020, 1:57 PM EST) -- The unsecured creditors and owner of Bayou Steel BD Holdings LLC are asking the Delaware bankruptcy court to convert the company's Chapter 11 case to a Chapter 7 liquidation, saying even after a $28 million asset sale, Bayou can't pay its administrative expenses....

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