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Essar Steel's US Unit Hits Ch. 11 With $1B Debt

By Jonathan Randles (July 8, 2016, 2:30 PM EDT) -- Essar Steel Minnesota and its corporate parent filed for bankruptcy protection Friday in Delaware, listing more than $1 billion in debt just months after its insurer sued the company for allegedly violating an indemnity agreement related to bonds issued by the steelmaker....

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