Ormet seeks more time to file Chapter 11 bankruptcy plan - Platts

09/30/13

Ormet seeks more time to file Chapter 11 bankruptcy plan
Platts
Ormet said it has made "great strides" since the February Chapter 11 filing. The court on June 4 approved a proposal by Smelter Acquisition LLC, owned by Minnesota's Wayzata Investment Partners, to purchase virtually all of Ormet's assets for $282 million.

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