Pension trust’s move to block Ormet smelter sale rejected
Jul 24, 2014 | 01:15 PM
| Nathan Laliberte
NEW YORK A bankruptcy court judge has rejected the Steelworkers Pension Trusts motion to stop the sale of Ormet Corp.s aluminum smelter in Hannibal, Ohio.
The July 23 ruling by Judge Mary F. Walrath in U.S. Bankruptcy Court in Delaware effectively allows Niagara Worldwide LLC to complete its $25.25-million purchase of the facility.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.