ESSAR STEEL ALGOMA INC. Bankruptcy Filing
Case Number: 15-12271
ESSAR STEEL ALGOMA INC. filed a 15 chapter bankruptcy in the District of Delaware bankruptcy court on November 09, 2015. This is a voluntary filing; it was assigned the bankruptcy case number #15-12271.
ESSAR STEEL ALGOMA INC. Filing Information
The bankruptcy petition for ESSAR STEEL ALGOMA INC. showed assets in the range of more than $1B with liabilities in the range of more than $1B. ESSAR 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'.
ESSAR 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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ESSAR STEEL ALGOMA INC. Docket Header
SealedDoc(s), VerifDue, MEGA |
District of Delaware (Delaware)
Bankruptcy Petition #: 15-12271-BLS
Assigned to: Brendan Linehan Shannon Chapter 15 Voluntary Asset |
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| Foreign Representative Essar Steel Algoma Inc. 105 West Street Sault Ste. Marie Ontario P6A 7B4 OUTSIDE U. S. Canada Tax ID / EIN: 13-2470642 aka Essar Steel Canada Inc. aka Algoma Steel Inc. aka Aciers Algoma Inc. aka Algoma Acquisition Corp. |
rep. by |
Mark D. Collins
Richards, Layton & Finger, P.A. One Rodney Square 920 North King Street Wilmington, DE 19801 302 651-7700 Fax : 302-651-7701 Email: collins @ RLF.com 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 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 |
| 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 |