ASARCO v. Americas Mining Corp. (I)

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Full Text of Court Cases
August 30, 2008
1021 Copper Ores
212230 Copper, Nickel, Lead, and Zinc Mining
bankruptcy
control premium

ASARCO v. Americas Mining Corp. (I)
2008 WL 4009927(S.D. Tex.)
US
Federal Court
Texas
United States District Court
Navigant (plaintiff/debtor); Craig Pirrong (defendant)
Hanen

Summary

Fraudulent transfer claims in bankruptcy turn on multi-million dollar valuation of controlling interest in foreign mining company.
ASARCO v. Americas Mining Corp. (I)
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By 2003, a century-old mining company had entered “the zone of insolvency,” according to its valuation and legal advisors.