US Magnesium LLC
Case Number:
1:25-bk-11696
Court:
Nature of Suit:
Firms
Companies
Sectors & Industries:
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December 08, 2025
No Deal Yet As US Magnesium Faces Ch. 7 Conversion Motion
Counsel for US Magnesium told a Delaware bankruptcy judge Monday that the debtor has met with several regulatory agencies ahead of a hearing next week to convert the case to a Chapter 7 liquidation, but that the former magnesium producer has yet to reach a resolution with them.
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December 05, 2025
US Magnesium Creditors Again Ask Judge To Nix Ch. 11 Loan
US Magnesium's unsecured creditors committee has once again urged a Delaware bankruptcy judge not to give final approval to the former magnesium producer's $10 million Chapter 11 loan, saying it only benefits US Magnesium's secured lenders and parent company.
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November 10, 2025
Utah Enviro Agency Objects To US Magnesium Transaction
Utah's environmental regulatory agency has asked a Delaware bankruptcy judge to reject US Magnesium's asset sale agreement, saying a buyer should be bound by the same responsibilities as the debtor.
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October 16, 2025
US Magnesium Wins Time To Pursue Sale, EPA Discussions
A Delaware bankruptcy judge said Thursday he would grant interim approval to about four more weeks of Chapter 11 financing for US Magnesium after pushing back a hearing to convert the case to a Chapter 7 liquidation.
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October 06, 2025
US Magnesium Tables DIP Motion Amid Ch. 7 Conversion Bid
US Magnesium told a Delaware bankruptcy judge Monday that it would temporarily set aside requests to borrow Chapter 11 financing and launch a sale process, as unsecured creditors push to convert the case to a Chapter 7 liquidation in a bid to halt what they call "disastrous" bankruptcy plans by the onetime magnesium producer.
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October 03, 2025
Trustee Blasts Proposed US Magnesium Ch. 11 Financing
The U.S. Trustee's Office has asked a Delaware bankruptcy judge to reject the proposed debtor-in-possession financing for U.S. Magnesium, saying the terms hand control of the case to the DIP lender and propose to let the company off the hook for its environmental obligations.
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September 23, 2025
Superfund Dispute Helped Lead US Magnesium To Ch. 11
A long-running dispute with state and federal regulators over cleanup of a Superfund site next to Utah's Great Salt Lake was a major contributor to U.S. Magnesium's Chapter 11 filing earlier this month, more than 20 years after it acquired its predecessor during its bankruptcy.
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September 19, 2025
Meet The Attys In US Magnesium's Ch. 11
US Magnesium LLC, once North America's largest producer of primary magnesium, has hired attorneys from Gellert Seitz Busenkell & Brown LLC to see it through a Chapter 11 case aimed at completing an asset sale.
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September 16, 2025
Catching Up With New Bankruptcy Case Action
Bankrupt dietary supplement company Iovate began a Chapter 15 case to protect its U.S. assets as it weighs pursuing a Canadian insolvency. A car loan lender for low-income people entered Chapter 7 with at least a billion in debt. And an aerospace manufacturer entered Chapter 11 with at least $15 million in debt to tackle.
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September 12, 2025
Magnesium Producer's DIP Rollup Denied Amid Enviro Row
A Delaware bankruptcy judge on Friday rejected US Magnesium's request to roll up some $3 million in existing debt after the state of Utah argued that doing so would improperly grant a lender liens on unencumbered assets, saying the evidence didn't support approving the rollup so early in the Chapter 11 case.