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Under Rated

Asarco seeks billions from parent to pay creditors (AP)

ECONOMY Mon May 12, 2008 @ 3:00pm neoform
biz.yahoo.com -- BROWNSVILLE, Texas (AP) -- A U.S. mining company accused its Mexican parent company Monday of stripping it of its most valuable assets and forcing it into bankruptcy as it launched its $10.5 billion federal lawsuit against the company. Asarco, which is o.. Read More
+1
Under Rated

Asarco to Settle Claims for $27.8M (AP)

ECONOMY Thu Jan 24, 2008 @ 3:01pm neoform
biz.yahoo.com -- WASHINGTON (AP) -- Asarco LLC has reached settlements worth $27.8 million with people in three states who demanded more than $1 billion from the copper-mining company for personal-injury and property damages. Asarco has asked the U.S. Bankruptcy Court in.. Read More
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