Thursday, March 18, 2010
ASARCO: Fifth Circuit fails to recognize ASARCO's Bankruptcy was fraudulent... what is being covered up, and why?
CHICAGO - (Business Wire) Mayer Brown LLP today announced that the U.S. Court of Appeals for the Fifth Circuit has vacated a multi-billion dollar judgment entered against Americas Mining Corporation (“AMC”) in litigation over a 2003 transfer of Southern Copper Company stock to AMC from AMC’s subsidiary, ASARCO LLC. AMC had asked the court of appeals to vacate the adverse judgment and dismiss its appeal of the judgment because ASARCO LLC has emerged from bankruptcy pursuant to a reorganization plan that released AMC from the judgment and returned control of ASARCO LLC to AMC. In a March 17, 2010 order, the court of appeals dismissed AMC’s appeal and vacated the judgment against AMC.
Wednesday, March 17, 2010
Tuesday, March 16, 2010
ASARCO: All about "Closure" and not about "Disclosure"
Why would the DOJ release this press release just last december after the Asarco Bankruptcy ended, without EVER requiring the court(s) to consider what ASARCO had actually done?!?
The EPA secretly told the DOJ in 1998 that ASARCO had burned illegal dangerous secret hazardous wastes for profit for nearly ten years. Then they sealed their agreement with Asarco and kept this from the community for eight more years.
It was the DOJ's responsibility (through someone called a "DOJ BANKRUPTCY TRUSTEE") to make the Asarco court consider the liabilities from the secret haz-waste. The DOJ never did this -- even though SPGEG (Sunland Park, N.M.) requested it through proper legal-court-channels. The press announcement from last December was made by the DOJ ALONG WITH THE EPA. That had to be a NATIONAL EPA decision -- higher than the regional offices that administer the El Paso TX and E. Helena MT Asarco smelter sites where the illegal secret burnings happened for years...
Representative Reyes said (after the confidential-for-settlement-purposes-only-1998 DOJ/EPA document was publicly released after 8 years of silence, in 2006) that ASARCO had paid MILLIONS OF DOLLARS on condition that the details of what it had done would NEVER BECOME PUBLIC. For more information use google to search "Asarco Secret Document".
What is going on, that they are not being honest with us?
http://www.justice.gov/opa/pr/2009/December/09-enrd-1326.html
The EPA secretly told the DOJ in 1998 that ASARCO had burned illegal dangerous secret hazardous wastes for profit for nearly ten years. Then they sealed their agreement with Asarco and kept this from the community for eight more years.
It was the DOJ's responsibility (through someone called a "DOJ BANKRUPTCY TRUSTEE") to make the Asarco court consider the liabilities from the secret haz-waste. The DOJ never did this -- even though SPGEG (Sunland Park, N.M.) requested it through proper legal-court-channels. The press announcement from last December was made by the DOJ ALONG WITH THE EPA. That had to be a NATIONAL EPA decision -- higher than the regional offices that administer the El Paso TX and E. Helena MT Asarco smelter sites where the illegal secret burnings happened for years...
Representative Reyes said (after the confidential-for-settlement-purposes-only-1998 DOJ/EPA document was publicly released after 8 years of silence, in 2006) that ASARCO had paid MILLIONS OF DOLLARS on condition that the details of what it had done would NEVER BECOME PUBLIC. For more information use google to search "Asarco Secret Document".
What is going on, that they are not being honest with us?
http://www.justice.gov/opa/pr/2009/December/09-enrd-1326.html
Monday, March 15, 2010
London Financial Times: Vedanta renews fight for Asarco ownership
"Google News Alert for: asarco
"Sterlite, a Vedanta subsidiary, has joined the biggest US labour union in seeking to reverse a lower court ruling in November that returned Asarco to Grupo México, its original owner.
Grupo, lawyers for Sterlite and the union said, represented “a self-interested equity holder” that “previously defrauded the debtors [Asarco] and their stakeholders”.
In February, Sterlite and the United Steelworkers union, which represents Asarco’s miners, jointly filed an appeals brief before the appellate court in New Orleans. "
| Vedanta revives bid battle for Asarco Financial Times By William MacNamara in London Vedanta, the UK-listed Indian miner, has revived a $2bn (£1.3bn) takeover battle for Asarco, the bankrupt US copper producer, ..." |
"Sterlite, a Vedanta subsidiary, has joined the biggest US labour union in seeking to reverse a lower court ruling in November that returned Asarco to Grupo México, its original owner.
Grupo, lawyers for Sterlite and the union said, represented “a self-interested equity holder” that “previously defrauded the debtors [Asarco] and their stakeholders”.
In February, Sterlite and the United Steelworkers union, which represents Asarco’s miners, jointly filed an appeals brief before the appellate court in New Orleans. "
ASARCO records available for viewing at TCEQ El Paso Office
-------- Original Message --------
==
Hi, Lorinda,
If any ASARCO related paperwork is about to expire its retention-time at
the regional office, I would like to ask the TCEQ to transfer those
documents ...I know that six boxes of Asarco records from Senator
Shapleigh's P.I.A. were sent to the regional office at one time for the
community to access.
Would that be possible.
thanks,
| Subject: | Re: Asarco TCEQ records |
|---|---|
| Date: | Mon, 11 Jan 2010 11:47:22 -0600 |
| From: | Lorinda Gardner <LGARDNER@tceq.state.tx.us> |
Due to continuing interest in the ASARCO files, the regional office will not be purging those files. The six boxes will be maintained for community viewing.
Thanks
Lorinda
Lorinda D Gardner
Texas Commission on Environmental Quality
El Paso Regional Director
Hi, Lorinda,
If any ASARCO related paperwork is about to expire its retention-time at
the regional office, I would like to ask the TCEQ to transfer those
documents ...I know that six boxes of Asarco records from Senator
Shapleigh's P.I.A. were sent to the regional office at one time for the
community to access.
Would that be possible.
thanks,
BLOWING DUST FROM ASARCO IN ARIZONA - ARIZONA DEPT. OF ENVIRONMENTAL QUALITY (AEQ)
| Videos | KVOA.com | Tucson, Arizona Video - ASARCO releases statement on blowing dust. Posted - 3/2/2010 at 10:12AM ... More News Videos. ASARCO releases statement on blowing dust ... |
DUST VIDEO
[PARAPHRASED QUOTE FROM A LOCAL AZ SCIENTIST] 'NO ELEVATED METALS ABOVE REGULAR LEVELS'
WHERE HAVE WE ALL HEARD THAT BEFORE? SOUND FAMILIAR?
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