Pastore & Dailey successfully dismissed claims filed in Delaware bankruptcy court by one of the nation’s largest mineral mining companies. Pastore & Dailey represents an investment bank seeking a fee associated with $650 million in construction financing for the project. The mining company was attempting to avoid paying this fee by asserting that claims had been discharged in bankruptcy.

• Investment Co. Says Mesabi $16M Fee Suit Outside Ch. 11
  
• Judge Shannon Dismisses Mesabi’s Adversary Proceeding Against Investment Banker B.Riley, Says Dispute Over $16M Fees Can Be Addressed Outside of Bankruptcy Court

Tags: Commercial Litigation, Securities Litigation