August 11, 2015
A Delaware bankruptcy judge on Tuesday approved a settlement between parties in the Mineral Park Inc. Chapter 11 to distribute to creditors nearly $10 million in proceeds from the sale of the company's Arizona mine.
August 05, 2015
Squabbling parties in the Mineral Park Inc. Chapter 11 told a Delaware bankruptcy judge Wednesday they've come to a tentative settlement on how proceeds from the miner's $10 million private sale should be allocated among different debtors, potentially avoiding a two-day court battle scheduled on the matter next week.
August 04, 2015
Trafigura AG, Dutch commodities trader and creditor in the Mineral Park Inc. family of bankruptcy cases, argued Tuesday that Mohave County, Arizona, is improperly trying to shift a $15 million tax claim onto the debtor's power provider, also under court protection, in the guise of an amended claim.
July 08, 2015
Mineral Park Inc. got the blessing of a Delaware bankruptcy judge Wednesday for a settlement that puts to rest a host of disputes between the former mine operator and commodities trader Trafigura AG, including the debtor's $2.8 million suit over a copper contract.
April 23, 2015
Bankrupt former copper mine operator Mineral Park Inc. filed a $2.8 million breach of contract complaint against global commodity trader Trafigura AG in Delaware federal court on Thursday, claiming the trading company improperly terminated a copper concentrate delivery agreement.
January 20, 2015
A Delaware bankruptcy judge signed off on Mineral Park Inc.'s $10 million sale of its mining operations to Origin Mining Co. LLC on Tuesday, overruling opposition from creditors who argued that auctioning the assets separately would yield a greater return than a private transaction.
January 16, 2015
Unsecured creditors of Mineral Park Inc. knocked the bankrupt company's proposal to sell its mining operations in a $10 million private sale, saying Friday that the assets should be auctioned to maximize their value.
January 13, 2015
A former Mineral Park Inc. employee launched a putative class action in Delaware bankruptcy court Tuesday, claiming the mining company violated the Worker Adjustment and Retraining Notification Act last week by axing hundreds of workers without proper warning.
January 09, 2015
A Delaware bankruptcy judge agreed Thursday to fast track consideration of mining company Mineral Park Inc.'s proposed $10 million private sale to an affiliate of Waterton Global Resource Management Cayman Corp., after the debtor said it would soon run out of money to maintain the facilities for its now-halted operations.
August 26, 2014
Arizona-based mining outfit Mineral Park Inc. entered Chapter 11 in Delaware bankruptcy court on Monday aiming to sell its assets, a move spurred by the collapse of its Canadian parent's planned merger earlier this month.