February 08, 2016
With trial approaching Oaktree Capital sought to toss a count from a Molycorp creditors adversary suit Friday that could push the private equity shop's potential $514 million in claims against the mining company to the bottom of a $1.9 billion pile, or disallow them entirely.
January 29, 2016
Parties in the Molycorp Inc. bankruptcy dug in Friday against some Bloomberg LP requests for changes to a court-required disclosure from more than 120 individuals about leaks to reporters covering the company's $1.9 billion Chapter 11 case.
January 25, 2016
Oaktree Capital Management LP on Monday objected to a nearly $1 million, one-month fee request from Paul Hastings LLP attorneys representing Molycorp Inc.'s unsecured creditors, saying most of the expense arose from a "scorched earth" probe for an upcoming bankruptcy trial targeting the private equity firm.
January 22, 2016
A Delaware bankruptcy judge on Friday scaled back an order for individual disclosures in a hunt for sources of news leaks about Molycorp Inc.'s $1.9 billion bankruptcy, agreeing with Bloomberg News objections that the original demand raised First Amendment concerns.
January 20, 2016
A Delaware bankruptcy judge reversed himself on Wednesday and agreed to hear Bloomberg News objections to the court's collection of sworn statements on news leaks involving Molycorp Inc.'s $1.9 billion Chapter 11 reorganization.
January 19, 2016
A Delaware bankruptcy judge flatly rejected Bloomberg News' request to delay a court-ordered search for the source of news leaks involving Molycorp Inc.'s contentious $1.9 billion Chapter 11 plan, bringing warnings that the decision would chill public-interest newsgathering.
January 14, 2016
A Delaware bankruptcy judge late Thursday directed Molycorp Inc. to revise voting and objection deadlines for its accelerating Chapter 11 restructuring of $1.9 billion in debt, and issued an order designed to ferret out the source of recent leaks to the press.
January 08, 2016
Molycorp's $1.9 billion Chapter 11 plan threatened to fly apart Friday amid new objections to proposed litigation limits and a "death trap" plan feature that would offer creditors an unofficial recovery financed by the company's senior lender so long as their committee offers no plan objections.
January 06, 2016
The fight pitting Molycorp and senior lender Oaktree Capital Management LP against unsecured creditors and certain noteholders over the rare earth miner's bankruptcy heated up Wednesday with the debtor and top creditor saying mediation has so far failed and calling the other side's criticisms "hyperbole" and "reckless insinuations."
November 23, 2015
The New York bankruptcy judge who is currently overseeing the court-monitored restructuring of A&P supermarkets and has managed Hostess' high-profile Chapter 11 case has agreed to mediate a dispute between miner Molycorp Inc. and its creditors over control of that bankruptcy.