ASARCO LLC v. AMERICAS MINING CORP.

Civil No. 1:07-CV-00018.

396 B.R. 278 (2008)

ASARCO LLC, Southern Peru Holdings, LLC, Plaintiffs, v. AMERICAS MINING CORPORATION, Defendant.

United States District Court, S.D. Texas, Brownsville Division.

August 30, 2008.


Attorney(s) appearing for the Case

George Irvin Terrell, Michael C. Massengale, Rebeca Aizpuru Huddle, Samuel Wollin Cooper, Baker Botts LLP, Houston, TX, James R. Prince, Eric A. Soderlund, Fernando Rodriguez, Jr., Jack L. Kinzie, Thomas Edward O'Brien, Baker Botts LLP, Dallas, TX, Kevin M. Sadler, Baker Botts LLP, Austin, TX, Michael J. Urbis, Jordan Hyden, Brownsville, TX, Shelby A. Jordan, Jordan Hyden, Corpus Christi, TX, Garland Doty Murphy, IV, Smyser, Kaplan & Veselka, LLP, Houston, TX, for Plaintiffs.

Charles A. Beckham, Jr., Brian F. Antweil, Elizabeth Brooks Hamilton, Kirk L. Worley, Mark Ryan Trachtenberg, Haynes and Boone, LLP, Houston, TX, David R. Gelfand, Luc A. Despins, Stacey J. Rappaport, Alan J. Stone, Melanie Westover, Milbank, Tweed, Hadley & McCloy, LLP, New York, NY, David S. Cohen, Milbank Tweed, Hadley & McCloy, LLP, Washington, DC, for Defendant.

J.A. Tony Canales, Canales & Simonson, PC, Corpus Christi, TX, for Daniel Tellechea.

Evelyn H. Biery, Zach A. Clement, Mark Allan Worden, Sharon Marie Beausoleil-Mayer, Fulbright Jaworski LLP, Houston, TX, Louis Raymond Strubeck, Jr., John N. Schwartz, Fulbright & Jaworski, Dallas, TX, for Intervenor Official Committee of Unsecured Creditors of ASARCO LLC.

Jacob Lee Newton, Robert T. Brousseau, Sander L. Esserman, Steven A. Felsenthal, Jo E. Hartwick, Stutzman Bromberg, Dallas, TX, for Intervenor Official Committee of Unsecured Creditors of Subsidiary Debtors.

Debra L. Innocenti, John H. Tate, II, Raymond W. Battaglia, Oppenheimer, Blend, Harrison & Tate, San Antonio, TX, for Robert C. Pate.


MEMORANDUM OPINION & ORDER

ANDREW S. HANEN, District Judge.

The plaintiffs, ASARCO LLC and Southern Peru Holdings LLC (both of which are currently in bankruptcy), filed this action in their capacities as debtors in possession and on behalf of ASARCO's creditors to recover from Defendant Americas Mining Corporation ("AMC") the stock representing 54.18% of the outstanding shares of Southern Peru Copper Company ("SPCC") and damages resulting from...

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