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Ormet Corporation
Case Number:
1:13-bk-10334
Court:
Nature of Suit:
Firms
- Akin Gump
- Ashby & Geddes
- Blank Rome
- Buchalter APC
- Buchanan Ingersoll
- Campbell & Levine
- Cohen Weiss
- Connolly Gallagher
- Dinsmore & Shohl
- Duane Morris
- Elliott Greenleaf
- Gellert Scali
- Goldstein & McClintock
- Klehr Harrison
- Landis Rath
- Lowenstein Sandler
- Magnozzi & Kye
- Margolis Edelstein
- McGuireWoods
- Morris James
- Morris Nichols
- Palmer Biezup
- Pryor Cashman
- Richards Layton
- Saul Ewing
- Sher Garner
- Stevens & Lee
- Stroock & Stroock
- Sullivan Hazeltine
- Troutman Pepper
- Tucker Arensberg
- Vedder Price
- Weil Gotshal
Companies
- Alcoa Corp.
- Arrowpoint Capital
- Calibre Group Ltd.
- CNA Financial Corp.
- Evercore Inc.
- FTI Consulting Inc.
- International Business Machines Corp.
- Iron Mountain Inc.
- Liberty Mutual Insurance Group
- Matheson Tri-Gas Inc.
- Noranda Aluminum Holding Corporation
- Oracle Corp.
- Seaport Group
- United Steelworkers
- Wells Fargo & Co.
Government Agencies
- Louisiana Department of Environmental Quality
- Pension Benefit Guaranty Corp.
- U.S. Environmental Protection Agency
Sectors & Industries:
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October 23, 2014
Bankrupt Ormet Gets Nod To Dismiss Ch. 11 Case
A Delaware bankruptcy judge on Thursday agreed to dismiss former aluminum smelter Ormet Corp.'s Chapter 11 case after approving a credit bid deal to sell its residual assets to private equity lender Wayzata Investment Partners LLC.
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July 23, 2014
Ormet Judge Nixes Union Bid To Stay $25M Plant Sale
A Delaware bankruptcy judge on Wednesday rejected a request to stay Ormet Corp.'s court-approved $25 million deal for a shuttered aluminum plant so a union trust could appeal the sale order, saying the debtor faced "enormous" harm if the deal didn't close.
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July 17, 2014
Ormet Gets Nod For $25M Plant Sale Over Union Objection
A Delaware bankruptcy judge on Thursday blessed Ormet Corp.'s $25 million sale of its shuttered aluminum plant, overruling an objection from a union trust that contended the deal improperly extinguished its $5.5 million pension claim.
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July 01, 2014
Ormet Gets OK For $22M Private Mineral Rights Sale
A Delaware bankruptcy judge gave Ormet Corp. the approval on Tuesday to sell mineral rights on the site of its aluminum smelting facility in a $22 million private sale to Triad Hunter LLC after a rival suitor didn't make an offer despite saying that it would on Monday.
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June 30, 2014
Bankrupt Ormet Fails To Win OK For $47M In Asset Sales
A Delaware bankruptcy judge on Monday would not approve Ormet Corp.'s $25 million sale of a shuttered aluminum plant or a $22 million transaction for the site's mineral rights, citing concerns about waived pension liability for the former and a rival suitor for the latter.
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June 27, 2014
Bankrupt Ormet Lands $25M Buyer For Aluminum Plant
Bankrupt Ormet Corp. on Friday announced a $25.25 million deal to sell its shuttered aluminum plant to property developer Niagara Worldwide LLC, the end result of an auction that boosted the original price tag by $10 million.
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June 10, 2014
Bankrupt Ormet Seeks Auction For Ohio Plant With $15M Bid
Ormet Corp. on Monday sought court approval to hold an auction to sell its Ohio smelter with an offer to purchase the plant for $15.2 million in its pocket, according to court documents.
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November 07, 2013
Bankrupt Ormet Gets Nod For $39M Plant Sale
A Delaware bankruptcy judge on Thursday blessed Ormet Corp.'s $39.4 million sale of its Louisiana refinery to Almatis Inc. after allowing the troubled aluminum company to continue winding down in Chapter 11 under an interim operating budget.
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October 31, 2013
Bankrupt Ormet Lines Up Extra $10M DIP To Fund Wind Down
Aluminum smelter Ormet Corp. asked a Delaware bankruptcy judge Wednesday to approve an additional $10 million of debtor-in-possession financing designed to fund the company's wind down, which includes a $39.4 million sale of its Louisiana refinery.
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October 25, 2013
US Trustee Wants Ormet Bankruptcy Converted To Ch. 7
The U.S. trustee's office on Friday blasted aluminum smelter Ormet Corp.'s move to wind down operations in the wake of a failed going-concern sale as unfunded and undefined, and urged a Delaware bankruptcy judge to convert the case to Chapter 7.