April 16, 2025
The Third Circuit vacated a Delaware bankruptcy judge's order to unseal records a successor of Essar Steel's U.S. unit is seeking to bolster its antitrust claims against Cleveland-Cliffs, ruling Wednesday that the Chapter 11 judge used the wrong standard.
September 06, 2024
A Delaware bankruptcy court has partially allowed claims accusing steelmaking giant Cleveland-Cliffs of engaging in anticompetitive behavior that harmed a mining venture's efforts to complete an iron mine and ore plant in northern Minnesota to go to trial by a jury in federal court.
October 16, 2023
The Third Circuit on Monday put the brakes on a Delaware bankruptcy judge's order unsealing confidential documents in a dispute between steelmaker Cleveland Cliffs Inc. and iron ore miner Mesabi Metallics Co. LLC, pending clarification on when orders to seal must give way to public access to court records.
October 10, 2023
The estate of bankrupt Minnesota mining venture Essar Steel would pay a combined $16.1 million to resolve two lease claims totaling $59.8 million under a deal announced by the debtor's litigation trustee in the long-running Delaware bankruptcy court case.
May 05, 2021
A Delaware bankruptcy judge on Wednesday denied a motion to dismiss a new complaint alleging that former top executives of steelmaker Essar Steel Minnesota helped loot $1 billion from the company and pushed it into Chapter 11, saying it has enough details to be viable.
May 07, 2020
A pair of Indian banks have objected to a proposed settlement among parties to the Chapter 11 case of the former Essar Steel Minnesota, saying they didn't consent to the deal, which seeks to resolve a $1 billion suit over an unfinished iron ore processing plant.
May 24, 2019
Most claims in a 32-count, $1.8 billion adversary suit launched by the U.S. trustee for insolvent Essar Steel Minnesota Ltd. remain in play after the Delaware Bankruptcy Court dismissed nine counts but gave the opportunity to replead all but one.
September 25, 2018
Essar Steel unit Mesabi Metallics Co. LLC has sued to block one of its post-bankruptcy advisers from suing it for $16 million in fees, saying the adviser's action violates federal bankruptcy law and breaches the mining company's restructuring agreement.
July 26, 2017
Facing a potentially needless fight over bankruptcy court power to block the IRS' pursuit of an Essar Steel executive for a $9 million company tax debt, a Delaware judge steered the dispute into a brief limbo Wednesday, indicating that time could resolve the issue.
July 20, 2017
The federal government asked a Delaware bankruptcy court Wednesday to deny a bid by the former CEO of Essar Steel Minnesota for protection from the IRS, insisting that the court lacks authority to grant the request.