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Business Wire (press release)
(AMC), is entitled under applicable US law to retain control of its wholly owned subsidiary ASARCO through the full payment plan offered to creditors on ...
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"AMC attorney Robert Moore [do a search on his name in the blog's search-engine] presented the company’s final arguments to U.S. Judge Richard Schmidt of the Corpus Christi Bankruptcy Court on Wednesday, arguing that GMEXICO’s offer to pay the ASARCO creditors $2.2 billion in cash represented a full and fair offer, and one that meets the necessary legal obligations to retain ownership of the company. ...“Our view is that we're facing what in my view is a constitutional level issue,” Mr. Moore argued in his closing statement. “It's an issue of due process. It's an issue of unfair taking."