Magnesium Producer's DIP Rollup Denied Amid Enviro Row

By Alex Wittenberg ( September 12, 2025, 3:40 PM EDT) -- 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....

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