Essar Steel’s Ch. 15 petition approved

Aug 21, 2014 | 06:31 PM | Thorsten Schier

Tags  flat-rolled steel, Essar Steel Algoma, Chapter 15, bankruptcy court, Essar Global Fund, CSX Transportation, Thorsten Schier

NEW YORK — Essar Steel Algoma Inc.’s petition for protection under Chapter 15 of the U.S. Bankruptcy Code has been approved.

The company "estimates that this provision of the final recognition order requires service upon approximately 2,000 parties," the Aug. 20 filing in U.S. Bankruptcy Court in Delaware said.....

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