Delta remains on court dockets; retrial expected early next year

Oct 04, 2006 | 12:30 PM | Paul Schaffer

The courts haven't heard the last of Delta Group Inc., a Muskego, Wis., secondary aluminum smelter that ceased operating in early 2001, partly due to scams that led to 70-month federal jail sentences for two of the company's co-owners.

Former metals trader Scott Berggren—stuck with $1.1 million in IOUs for scrap he supplied to Delta—has been trying for years to get his money back by arguing that the third Delta investor, Witech Corp., misled him. Witech, an economic development arm of Milwaukee-based electric utility Wisconsin Energy Corp., owned 41 percent of the smelter when the business was starting to totter.....





Latest Pricing Trends

Poll

Do you think steel mills will succeed in their efforts to stop selling at a discount to the CRU index?

Yes
No
It’s too early to tell


View previous results

AMM Events