ASARCO: The Estimation Of Environmental Claims
Non-duplicative environmental claims totaling $6.5 billion and relating to nearly 100 sites were filed by the federal government, state governments, Indian tribes and private parties. Before ASARCO could formulate a plan of reorganization, the amount of these claims had to be resolved.
ASARCO, in consultation with unsecured creditors’ committee counsel and the various environmental claimants, and...
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