Bankrupt Smelter Says $130M Sale Kept It From Liquidating - Law360 (...
05/17/13
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Bankrupt Smelter Says $130M Sale Kept It From Liquidating
Law360 (subscription)
PBGC had argued the proposed sale without a plan is improper because it would put the independent government agency, which insures many pension plans, on the hook for $260 million in unfunded contributions, but Ormet contends bankruptcy rules.
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Law360 (subscription)
PBGC had argued the proposed sale without a plan is improper because it would put the independent government agency, which insures many pension plans, on the hook for $260 million in unfunded contributions, but Ormet contends bankruptcy rules.