Hafnium

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Friday, August 28, 2009

"Asarco has paid $241,316,423 to professionals working on the bankruptcy case" (@ One Quarter of a Billion dollars)

and the community fighting for its health?  3 people have been fired/non-renewed for their research and support against Asarco contamination of our drinking water, and others have experienced concurrent apparent retaliations.  Asarco paid the El Paso City Schools less than $25,000 for the contamination of our children's schools in the settlement (see recent El Paso Times Asarco article).

Google News Alert for: asarco
Arizona Daily Star
There's huge money for attorneys in Asarco bankruptcy
Arizona Daily Star
Asarco LLC, the Tucson-based copper producer, hired an elite Houston law firm, Baker Botts, for its bankruptcy case. Baker Botts, in turn has assembled a ...
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"From August 2005, when Asarco made its bankruptcy filing through July 31 this year, Asarco has paid Baker Botts $102.2 million in legal fees. ...They include Navigant Consulting, which has received $10.7 million for its “advisory services,” and Recon Real Estate Consultants, which has been paid $1.5 million. .... remember that all these payments are approved by the bankruptcy judge."


Thursday, August 27, 2009

NO MENTION OF THE YEARS OF SECRET TOXIC WASTE

"In contrast, the United Steelworkers of America have threatened to strike Asarco if Grupo Mexico should take back control of the company, and Kinzie said the parent's proposal will leave Grupo Mexico dangerously short on available cash.

Asarco also noted its plan has the backing of bondholders [HARBINGER, CITIGROUP] , the unsecured creditors committee, and its largest creditor, the U.S. government, which holds more than $1 billion in environmental claims.[...while the EPA and the DOJ continue to IGNORE the DOJ and EPA's OWN now-public evidence that Asarco secretly incinerated military and industrial unmanifested-wastes for years, for money] "

Google News Alert for: asarco
The Daily Docket: Creditors Seek Tribune Probe
Wall Street Journal Blogs
The future of Asarco LLC rests in the hands of a Texas bankruptcy judge after a two-week long confirmation hearing in the Arizona mining company's case drew ...
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