EAST STEEL ALGOMA, INC. Bankruptcy Filing
Case Number: 14-11730
EAST STEEL ALGOMA, INC. filed a 15 chapter bankruptcy in the District of Delaware bankruptcy court on July 16, 2014. This is a voluntary filing; it was assigned the bankruptcy case number #14-11730.
EAST STEEL ALGOMA, INC. Filing Information
The bankruptcy petition for EAST STEEL ALGOMA, INC. showed assets in the range of more than $1B with liabilities in the range of more than $1B. EAST STEEL ALGOMA, INC. reports that the number of creditors is in the range of 10,001-25,000.
The debtor indicated their nature of business as 'None of the Above'. The nature of business option is fairly limited; most companies will chose 'None of the Above'. The options include: 'Health Care Business', 'Single Asset Real Estate', 'Railroad', 'Stockbroker', 'Commodity Broker', 'Clearing Bank', or 'None of the Above'.
EAST STEEL ALGOMA, INC. indicated on its bankruptcy petition that it does not expect there will be sufficient assets in the estate to make a payment to the unsecured creditors. This is a bad sign for creditors as it implies that no recovery is likely.
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EAST STEEL ALGOMA, INC. Docket Header
LEAD, MEGA |
District of Delaware (Delaware)
Bankruptcy Petition #: 14-11730-BLS
Assigned to: Brendan Linehan Shannon Chapter 15 Voluntary Asset |
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| Debtor Essar Steel Algoma Inc. 105 West Street Sault Ste. Marie Ontario P6A 7B4 OUTSIDE U. S. Canada Tax ID / EIN: 13-2470642 aka Algoma Steel Inc. aka Aciers Algoma Inc. |
rep. by |
Daniel J. DeFranceschi
Richards, Layton & Finger One Rodney Square, P.O. Box 551 Wilmington, DE 19899 302 651-7700 Fax : 302-651-7701 Email: defranceschi @ rlf.com Robert Charles Maddox Richards, Layton & Finger, P.A. 920 N. King Street One Rodney Square Wilmington, DE 19801 302-651-7551 Fax : 302-498-7551 Email: maddox @ rlf.com Amanda R. Steele Richards, Layton and Finger 920 N. King Street Wilmington, DE 19801 302-651-7838 Fax : 302-428-7838 Email: steele @ rlf.com Amanda R. Steele Richards, Layton and Finger 920 N. King Street Wilmington, DE 19801 302-651-7838 Fax : 302-428-7838 Email: steele @ rlf.com |
| Foreign Representative Essar Steel Algoma Inc. OUTSIDE U. S. |
rep. by |
Daniel J. DeFranceschi
(See above for address) Christopher T. Greco Kirkland & Ellis LLP 601 Lexington Avenue New York, NY 10022-4611 212-446-4800 Fax : 212-446-4640 Ray C. Schrock Kirkland & Ellis LLP 601 Lexington Avenue New York, NY 10022-4611 212-446-4800 Fax : 212-446-4900 Email: ray.schrock @ kirkland.com Amanda R. Steele (See above for address) |
| U.S. Trustee United States Trustee 844 King Street, Room 2207 Lockbox #35 Wilmington, DE 19899-0035 302-573-6491 |
rep. by |
Timothy Jay Fox, Jr.
Office of the United States Trustee U. S. Department of Justice 844 King Street, Suite 2207 Lockbox #35 Wilmington, DE 19801 302-573-6491 Fax : 302-573-6497 Email: timothy.fox @ usdoj.gov |
| Claims Agent Donlin, Recano & Company |