Texas Commission on Environmental Quality
Office of Legal Services
General Law Division, MC-173
P.O. Box 13087
Austin, Texas 78711-3087
512-239-0478
Fax: 512-239-0606
michambe@tceq.state.tx.us
Scroll to end: click web view. Heather Mcmurray 's research uncovering poisoning of 1000 square miles around El Paso by Asarco smelter through what the EPA & US DOJ said was illegal burning of illegal hazardous/radioactive wastes 1991 to 1998. We have never been told what actinides, forever chemicals, dioxins etc are present from illegal Asarco actions(see 73 page 1998 conf. for settlement purposes only DOJ EPA Asarco doc,10/06 nytimes) see "Asarco secret document"
Please donate (see sidebar) to help recoup costs of the work to uncover and blog the information contained here"THE ONLY THING NECESSARY FOR THE TRIUMPH OF EVIL IS FOR GOOD MEN TO DO NOTHING"
... By David Biller Mexico's senate on Tuesday afternoon ratified the four presidential nominees for the professional advisor posts at state oil company Pemex, a spokesperson in the senate press department told BNamericas. The four professional advisors ... Business News Americas - Top Stories - http://www.bnamericas.com/ |
NEW YORK, March 17 (Reuters) - Bankrupt U.S. copper miner Asarco LLC has filed a new bankruptcy reorganization plan that proposes how the company will reorganize itself under a $1.7 billion deal with India's Sterlite Industries ......
Under the reorganization plan filed with the court late on Monday, Asarco said it plans to pay administrative claims, priority tax claims, priority claims, secured claims and convenience claims." [what about Toxic waste??]
"Asarco creditors holding general unsecured claims and unsecured asbestos personal injury claims will be entitled to vote on whether to accept the reorganization plan, according to court papers....
The case is In re: Asarco LLC, U.S. Bankruptcy Court, Southern District of Texas, No. 05-21207. (Editing by Andre Grenon"Low-level waste emerges as hurdle for new nuclear reactors" "New York Times - United States US low-level waste comes from a wide range of places, including hospitals and laboratories, but the greatest -- and most toxic -- volume is produced by the ... See all stories on this topic" |
All Things Reform: US agency ATSDR neglects many communities near ... "By David Weller A federal agency responsible for studying and responding to adverse health effects caused by toxic waste is reticent to acknowledge patterns of illness near contaminated sites, according to a report released by the House Science ... All Things Reform - http://www.allthingsreform.org/" |
Vishal Chhabria / Mumbai March 16, 2009, 0:28 IST |
March 13, 2009
Policyholders facing liability because of asbestos claims will benefit from a March 11 Texas state court ruling, according to the law firm Anderson Kill & Olick.
Judge J. Manuel Ba�ales of the 105th Judicial District Court of Nueces County, Texas, ruled that "asbestosis" exclusion bars coverage only for asbestosis claims and does not bar coverage for claims involving mesothelioma, lung cancer, pleural plaques or any other asbestos-related disease.
The ruling came in a case brought by ASARCO LLC on the scope of an asbestosis exclusion sold by Fireman's Fund Insurance Company. ASARCO LLC, et al. v. Fireman's Fund Ins. Co., et al., No. 01-2680-D (105th Jud. Dist. Ct. Nueces County Tex. Mar. 11, 2009).
On motion for partial summary judgment, ASARCO sought a ruling that the exclusion applied only to claims arising from the specific disease known as asbestosis. In opposition, Fireman's Fund argued that the exclusion barred coverage for all asbestos-related diseases.
ASARCO, a copper company based in Tucson, Arizona, declared bankruptcy in 2005. At issue in the coverage action is a determination of insurance coverage for past, present and future asbestos liabilities.
Judge J. Manuel Ba�ales of the 105th Judicial District Court of Nueces County, Texas, issued the Order granting partial summary judgment to ASARCO. Jorge C. Rangel of The Rangel Law Firm in Corpus Christi, Texas, is ASARCO's local counsel in the case.
Source: Anderson Kill & Olick, P.C."
TUCSON, Ariz.--(BUSINESS WIRE)--ASARCO LLC filed a motion with the U.S. Bankruptcy Court in Corpus Christi, TX yesterday under Bankruptcy Rule 9019 seeking the Court’s approval to enter into five settlement agreements that will resolve the vast majority of its remaining environmental claims.
The federal government has described this as "the most complicated environmental bankruptcy in United States history." As part of the global settlements, the company will allow general unsecured claims in the total amount of approximately $835.7 million and give $275.3 million in cash to federal and state governments to pay its fair share of environmental liability at approximately 54 sites across the country - making this the largest environmental settlement in history.
"The proceeds from these global settlements will infuse much-needed cash into federal and state coffers, allowing governments to clean up some of the largest sites on the Superfund National Priorities List," stated Mr. Joseph Lapinsky, ASARCO’s Chief Executive Officer.
Last week, ASARCO also announced the signing of a new agreement to sell substantially all of its operating assets to Sterlite (USA), Inc. for $1.1 billion cash plus a senior secured, non-interest bearing promissory note for $600 million, payable over nine years. The proposed sale, which ASARCO will seek to have approved as part of a plan of reorganization and the proceeds of which would fund such plan, coupled with these global settlements, are two major steps towards a successful exit from bankruptcy.
ASARCO is an integrated copper mining, smelting and refining company with approximately 2500 employees. The Company operates three mines, associated mills and a smelter in Arizona and a refinery complex in Texas, which includes plants that produce copper rod and cake, precious metals and by-products. For more information, visit http://www.asarco.com.
Doug McAllister
520-798-7725
"Competitive bids are still possible, and Sterlite has the option to
match any bids, but has no obligation to do so," Macquarie Research said
in a statement."
South Asian Syndicated Loans - news in brief, March 13, 2009 Euroweek.com - London,England,UK Indian mining giant Vedanta Resources is buying US copper producer Asarco for $1.7bn backed by two letters of credit from ABN Amro. ... See all stories on this topic |
"Danger Ahead
We need to ring all the alarm bells about the accumulation of chemical wastes in the bodies of wildlife. ....
We have to fight back, if we want to regain our health ....
Adapted from 101 Solutions to a Preventable Epidemic (New Society, 2007) by By Guy Dauncey, Liz Armstrong and Anne Wordsworth"
http://www.care2.com/greenliving/cancer-in-pets-wildlife-and-fish.html
"MEXICO CITY - Canadian miner Frontera Copper rejected a takeover bid from miner Grupo Mexico on Monday and said it favored a higher offer from Mexican investment firm Invecture Group.
Frontera's board of directors recommended shareholders accept Invecture's C$48-million ($38,8-million) offer over Grupo Mexico's C$42-million bid......"
"Frontera's main property is the Piedras Verdes mine in northern Mexico, which could produce 32 000 t of copper a year and has a mine life of over 11 years...."
"'It's pretty clear that if by the end of the day tomorrow Invecture has met their minimum tender requirement there wouldn't be much opportunity for Grupo Mexico to extend another offer," Prokop said.' " Arizona Geology: Grupo Mexico may continue battle for Asarco By Lee Allison Officials with Grupo Mexico say they still want to take control of Asarco despite the signed agreement to sell the bankrupt company to Sterlite Industries. Grupo Mexico wants to see the official deal before deciding what options to ... Arizona Geology - http://arizonageology.blogspot.com/ |
Google Blogs Alert for: PEMEX
Market Memorandum: Emerging Market Debt Trading Volumes Plunged 33 ... By Guillermo Parra-Bernal New sales of corporate debt enjoyed a quick revival at the start of this quarter, with sales by Pemex, Petrobras (which are quasi-sovereign debt but, well, they also are within the corporate bond class) and banks in South Korea. ... Market Memorandum - http://marketmemorandum.blogspot.com/ |
Google News Alert for: asarco
Dip in copper price, mine value to help Sterlite acquire Asarco mydigitalfc.com - Hyderabad,Andhra Pradesh,India Billionaire businessman Anil Agrawal has announced that he is planning to buy the third largest copper producer in the US, Asarco, for $1.7 billion. ... See all stories on this topic |
Asarco to Be Bought by India Copper Producer If Asbestos ... By Asbestos.Net Staff The bankrupt Asarco was bought by Sterlite Industries Ltd., the largest producer of copper in India, in an agreement to be finalized March 6, 2009. A completion of the buyout process was set pending the approval of the sale by a ... Asbestos.net News & Information - http://www.asbestos.net/news/ |
EnergySolutions Announces Fourth Quarter and Full Year 2008 Results CNNMoney.com - USA This was offset in part by increased revenues from soil remediation work performed at the Asarco site near Houston, Texas. Income from operations for the ... See all stories on this topic |
The Bankruptcy court is not considering anything about that secret toxic
waste burning (identified by the EPA to the Federal DOJ in a
confidential-for-settlement-purposes-only document). When the
powers-that-be succeed in letting ASARCO off-the-hook for the secret
waste 100% then what?