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RG Steel Creditors Scrap Plan To Tackle Renco Chief

By Jamie Santo ( February 1, 2013, 7:21 PM EST) -- The unsecured creditors committee of RG Steel LLC on Friday backed off its plan to sue the billionaire chairman of parent Renco Group Inc. for allegedly breaching his fiduciary duties while the steelmaker spiraled into Chapter 11, a move that comes just two weeks after it sought leave to do so....

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