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Aleris International, Inc.
Aleris Files for Orderly Liquidation of Cap de la Madeleine Facility
April 18th, 2009
An indirect Canadian subsidiary of Aleris International, Inc., today filed a voluntary assignment in bankruptcy pursuant to the Bankruptcy and Insolvency Act (Canada) in order to effect an orderly liquidation of the assets, property and operations of its former aluminum rolling mill facility located in Cap de la Madeleine, Quebec. As previously announced, the Cap de la Madeleine plant ended production in July 2008. The bankruptcy assignment is being made by Aleris Aluminum Canada S.E.C./Aleris Aluminum Canada, L.P. ("Canada LP"), and RSM Richter Inc. has been appointed as trustee. Since closure of the plant last year, Canada LP has been winding down its activities in...
Source: Law & Health Weekly (2009-04-18)
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