May 29, 2009

ASBESTOS LITIGATION: Harbinger To File Asarco LLC Reorganization

COMPANIES: Asarco LLC | Harbinger Capital Partners
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A Harbinger Capital Partners affiliate, on May 26, 2009, won court approval to try to reorganize Asarco LLC, making the hedge-fund manager the third group trying to take over the bankrupt copper miner, Bloomberg reports.

On May 26, 2009, U.S. Bankruptcy…

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TOPICS: Asbestos | General News | Legal Issues, Litigation | Mining
LOCATIONS: Texas | United States