WP Steel Venture LLC

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Case overview

Case Number:

1:12-bk-11661

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

July 19, 2012
Massey Accuses RG Steel Of Misusing Bankruptcy Stay

Massey Energy Co. accused a subsidiary of bankrupt RG Steel LLC on Wednesday of unfairly using an automatic stay to block a $31.5 million contract suit from the coal company while continuing to pursue its own related suit against Massey.
July 18, 2012
RG Steel Exec Bonuses Linked To Sale As Going Concern

Bankrupt RG Steel LLC won Delaware court approval Wednesday for an amended management incentive plan that will reward executives based on the revenue realized from the sale of the company's assets, but only those that are sold as going concerns.
July 10, 2012
Enviros Cleared To Pursue Appeal In RG Steel Pollution Case

A Delaware bankruptcy judge on Tuesday permitted environmental advocates to pursue an appeal concerning RG Steel LLC's pollution-monitoring obligations at its Sparrows Point, Md., steel mill.
July 03, 2012
RG Steel Blasts Enviros' Exemption Claim To Ch. 11 Stay

Bankrupt RG Steel LLC on Tuesday knocked environmental groups seeking an exemption from the firm's automatic stay, saying their motion misconstrues legal concepts they cite as grounds for relief.
June 25, 2012
Environmentalists Want Stay Exception For RG Steel Appeal

Environmental advocates asked a Delaware bankruptcy judge on Friday to allow an appeal to go forward of a federal court decision that trimmed RG Steel LLC's obligations to monitor contamination at its Sparrows Point, Md., steel mill.
June 21, 2012
Creditors Convince RG Steel To Extend Sale Process

RG Steel LLC won court approval on Thursday to auction off its three steel mills after unsecured creditors successfully lobbied for a few extra weeks for the bankrupt steelmaker to seek out a buyer.
June 19, 2012
RG Steel Creditors Slam Timeline For Mill 'Fire Sale'

Unsecured creditors of RG Steel LLC on Tuesday blasted the steelmaker's proposal for an upcoming mill auction in Delaware bankruptcy court, calling it a fire sale that would not give potential buyers enough time to forge compelling bids.
June 18, 2012
RG Steel Creditors Cry Foul Over Asset 'Fire Sale'

RG Steel LLC's unsecured creditors accused the bankrupt steelmaker on Monday of rushing to sell its assets for the benefit of owners Renco Group Inc. and Cerberus Capital Management LP.
June 14, 2012
PBGC Rips RG Steel Over $70M Pension Shortfall

The Pension Benefit Guaranty Corp. entered the fray in RG Steel LLC's bankruptcy on Thursday, criticizing the steelmaker for shielding its parent from liability for a $70 million pension shortfall.

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