Essar Steel Trustee Floats Settlement Of $60M In Lease Claims

By Jeff Montgomery · October 10, 2023, 8:43 PM EDT

The estate of bankrupt Minnesota mining venture Essar Steel would pay a combined $16.1 million to resolve two lease claims totaling $59.8 million under a deal announced by the debtor's litigation...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Settlement

Case Information

Case Title

ESML Holdings Inc.

Case Number

Court

Delaware

Nature of Suit

Date Filed

July 08, 2016

Recent Articles By Jeff

November 21, 2024
Franchise Group Lenders Want End To Debtor's Ch. 11 Rights
November 12, 2024
Hertz Investors Urge Chancery Not To Toss Stock Warrant Suit
November 05, 2024
Some Hertz Del. Insurance Claims Tossed In False Arrest Saga
October 22, 2024
Hertz Board Panel Takes Control Of Shareholder Buyback Suit
October 18, 2024
Chancery Calls For Status Quo Order In Del Monte Loan Suit
October 01, 2024
Most TA Dispatch Claims Fall In Chancery Celadon Suit
September 06, 2024
Cleveland-Cliffs Faces Trial Over Mining Co.'s Antitrust Claims
August 14, 2024
Class Split Disrupts Hearing On $8.7M Sears Suit Settlement
August 07, 2024
Caribbean Resort Owner Facing $15M Claim Files Del. Ch. 11
July 17, 2024
Hogan Lovells, Saul Ewing Exit Camshaft's, Byju's Ch. 11 Fight