Aleon Metals Approved For $187M Sale With Creditor Deal

By Vince Sullivan · October 8, 2025, 7:00 PM EDT

Bankrupt metal recycling company Aleon Metals received approval Wednesday from a Texas judge for the sale of its assets to a secured creditor for $187.5 million after informing the court the...

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Bankruptcy Scorecard

Summary

A Texas company that recycles chemicals used in petroleum refining filed for bankruptcy to sell its assets by October.

Case Number

4:25-bk-90305

Judge

Christopher M. Lopez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

Total Liabilities:

$100 million to $500 million

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Related Sections

Case Information

Case Title

Aleon Metals, LLC

Case Number

4:25-bk-90305

Court

Texas Southern

Nature of Suit

Date Filed

August 17, 2025

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