Renco Grp., Inc. v. Wilmington Trust, Nat'l Ass'n (In re Magnesium Corp. of Am.)
United States Bankruptcy Court, S.D. New York
1Opinion of the Court
MARY KAY VYSKOCIL, UNITED STATES BANKRUPTCY JUDGE
The Renco Group, Inc. (the "Renco Group") commenced this action seeking to disallow nearly $170 million in claims (the *640"Bond Claims")2 filed against Renco Metals, Inc. ("Metals") and Magnesium Corporation of America ("MagCorp" and together with Metals, the "Debtors")3 by a predecessor in interest to Wilmington Trust, N.A., in its capacity as indenture trustee ("Wilmington Trust")4 pursuant to an indenture dated as of July 1, 1996 (the "Indenture"), pursuant to which Metals issued certain bonds due in 2003 (the "Bonds"), and on behalf of certain…
2Cases cited44 opinions
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