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Aluminum Smelter's $90M DIP Slammed By PBGC, Creditors

By Lance Duroni · March 15, 2013, 6:28 PM EDT

Creditors, including the Pension Benefit Guaranty Corp., cried foul on Friday over Ormet Corp.'s $90 million bankruptcy financing package, saying it contains "unreasonable and overreaching" terms benefiting lenders led by the...

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Documents

Case Information

Case Title

Ormet Corporation

Case Number

1:13-bk-10334

Court

Delaware

Nature of Suit

Date Filed

February 24, 2013

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