Grupo Mexico Gains Access To Asarco’s Records

Law360, New York (May 2, 2007, 12:00 AM EDT) -- A federal bankruptcy court has ordered Asarco LLC to provide its parent company, Grupo Mexico SA, with equal access to financial and operational information so that it can come up with its own plan to bring the mining company out of Chapter 11.

In court documents filed Tuesday, Judge Richard S. Schmidt of the U.S. Bankruptcy Court for the Southern District of Texas said Grupo Mexico and other parties had the right to the same information Asarco had shared with hedge fund Harbinger Capital Partners....
To view the full article, register now.