"Asarco Accused Of Foot-Dragging In Interest Feud

Law360, New York (April 09, 2010) -- ASM Capital LP and other bondholders battling Asarco LLC over post-petition interest on their claims have attacked the reorganized mining company for trying to prolong the dispute and sap creditors’ will to carry out a costly fight.

A chorus of roughly 12 different investment funds objected to Asarco’s recent bid to extend discovery deadlines in their dispute over post-petition interest on the unsecured claims, contending that the..."

"Asarco Accused Of Foot-Dragging In Interest Feud - Law360
ASM Capital LP and other bondholders battling Asarco LLC over post-petition interest on their claims have attacked the reorganized mining company for trying ...
bankruptcy.law360.com/articles/160979"

City of El Paso TX unanimously votes $600,000 ---awards contract for Asarco [development] study

...while community members and ex-asarco workers/IBWC federal workers go without independent medical review,  jobs, compensation -- and, the community STILL does not have access to basic data on dioxins, polonium/actinides, and the other poisons remaining here --

WHAT IS GOING ON?   Even the International La Paz JAC committee recommended a background contamination study be done (hasn't been - and, that resolution was passed a year ago)

And, when we ask for this data, the ASARCO El Paso clean-up Trustee (after four months) still does not address its absence.

This is appalling.  El Paso is starting up a MEDICAL SCHOOL, and wants to move UTEP into Tier ONE status --- and, the Federal State Dept. says (3/05) that the FEDERAL WORKERS by ASARCO can't get independent medical review?   

UPDATE: City Council awards contract for Asarco Study - El Paso ... From elpasotimes.com EL PASO - The city is moving forward with a new long-range plan that will look at what to do with about 460 acres of Asarco-owned land ... www.upi.com/Top_News/Local/2010/04/07/UPDATE.../60-03e88dd058