WCI Steel Files Reorganization Plan

September 2005
Metal Center News;Sep2005, Vol. 45 Issue 10, p67
Trade Publication
Reports that WCI Steel Inc. has filed a plan of reorganization in the U.S. Bankruptcy Court for the Northern District of Ohio, Eastern Division on August 16, 2005. Sponsor of the reorganization plan; Coverage of the reorganization plan; Statement of Edward R. Caine, the vice chairman and chief restructuring officer of the company, on the reorganization plan.


Related Articles

  • WCI STEEL'S BANKRUPTCY FINANCING APPROVED.  // Metal Producing & Processing;Jan/Feb2004, Vol. 42 Issue 1, p10 

    Reports on the grant of approval from the federal court regarding the bankruptcy reorganization of WCI Steel Inc.

  • WCI STEEL IDLES SILICON STEEL LINE.  // Metal Center News;Jan2004, Vol. 44 Issue 1, p50 

    Reveals the plans of WCI Steel Inc. to idle its silicon electrical steel line by January 31, 2004 due to continuing volume deterioration and negative profit margins. Range of industrial applications for silicon electrical steels; Factors attributed to the reduced demand for the company's...

  • WCI FILES PLAN FOR REORGAN IZATION.  // Metal Producing & Processing;Sep/Oct2005, Vol. 43 Issue 5, p9 

    The article reports that WCI Steel Inc. filed a reorganization plan with the federal court overseeing its bankruptcy. The key to the plan is a substantial cash investment by WCI's parent company, Renco Group Inc. In addition to court approval, the plan must be affirmed by WCI's creditors and...

  • WCI Bankruptcy Plan Agreement in Principle Reached.  // Metal Producing & Processing;Mar/Apr2006, Vol. 44 Issue 2, p11 

    The article focuses on the report of bankrupt steel company WCI Steel Inc. that its parent company, Renco Group Inc., has agreed to assume responsibility for its existing WCI pension plan. The subsidiary will receive support payments from the reorganized WCI pension plan. Significantly, the...

  • "New" WCI Steel Sees BOF as Key to Success. Huskonen, Wallace D. // Metal Producing & Processing;Jul/Aug2006, Vol. 44 Issue 4, p14 

    The article reports on news releases issued by steel manufacturer, WCI Steel Inc. on the developments in the company. WCI has acquired all the assets of the former company to complete its reorganization plan. The company reported a net income of $4.3 million for the two-month period ending June...

  • FINANCING APPROVED FOR WCI STEEL.  // Metal Center News;Dec2003, Vol. 43 Issue 13, p83 

    Reports that a U.S. bankruptcy court has given final approval to the proposed debtor-in-possession financing of WCI Steel Inc. from Congress Financial Corp. under the company's existing working capital facility. Amount of working capital facility of WCI as of December 2003; Provision of the...

  • Some Up, Some Down.  // Metal Center News;Sep2007, Vol. 47 Issue 10, p52 

    The article provides update related to the business performance of the metal industry in the U.S. Aleris International Inc. reported a 60 percent increase in second quarter 2007 revenues. WCI Steel Inc. reported a net loss of $12.5 million for the second quarter. Wheeling-Pittsburgh Corp....

  • Breaking up is hard to do. Altman, Wilf // Cabinet Maker;3/18/2005, Issue 5430, p13 

    Discusses the financial aspects of corporate separation in Great Britain. Rules governing separation under the Inland Revenue; Complications that can arise in the granting of any financial orders against the matrimonial assets; Various option available such as to sell the business and divide the...

  • IV. Corporate restructuring and the governance framework.  // OECD Economic Surveys: Korea;Sep1999, p107 

    Discusses corporate restructuring and the governance framework in Korea as of September 1999. Tasks established by President Kim Dae Jung for the corporate sector, in January 1998; Examination of regulations governing the relationship between affiliated companies in chaebols; Changes to the...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics