IN RE ESSAR STEEL MINNESOTA LLC

Case No. 16-11626 (BLS) (Jointly Administered). Adv. Proc. No. 17-51210 (BLS).

590 B.R. 109 (2018)

IN RE: ESSAR STEEL MINNESOTA LLC and ESML Holdings Inc., Debtors. Mesabi Metallics Company LLC, Plaintiff, v. Cleveland-Cliffs Inc. (f/k/a Cliffs Natural Resources Inc.); Cleveland-Cliffs Minnesota Land Development LLC; Glacier Park Iron Ore Properties LLC, and Does 1-10, Defendants. Cleveland-Cliffs Inc. (f/k/a Cliffs Natural Resources Inc.); Cleveland-Cliffs Minnesota Land Development LLC; Glacier Park Iron Ore Properties LLC, Counterclaim-Plaintiffs, v. Mesabi Metallics Company LLC, Counterclaim-Defendant.

United States Bankruptcy Court, D. Delaware.

Signed July 23, 2018.


Attorney(s) appearing for the Case

Justin R. Alberto, Esq. , BAYARD, P.A., 600 North King Street, Suite 400, Wilmington, DE 19801, Craig Averch, Esq. , WHITE & CASE LLP, 555 South Flower Street, Suite 2700, Los Angeles, CA 90071-2433, Attorneys for Mesabi Metallics Company LLC, Chippewa Capital Partners, LLC, and Thomas M. Clarke.

M. Blake Cleary, Esq. , YOUNG CONAWAY STARGATT & TAYLOR, LLP, 1000 North King Street, Wilmington, DE 19801, Robert S. Faxon, Esq. , JONES DAY, North Point 901 Lakeside Avenue, Cleveland, OH 44114-1190, Attorneys for Cleveland-Cliffs, Inc. and Cleveland-Cliffs Minnesota Land Development LLC.

William P. Bowden, Esq. , ASHBY & GEDDES, P.A., 500 Delaware Avenue, 8th Floor, Wilmington, DE 19801, Christopher J. Harayda, Esq. , Dennis M. Ryan, Esq. , FAEGRE BAKER DANIELS LLP, 2200 Wells Fargo Center, 90 South 7th Street, Minneapolis, MN 55402-3901, Attorneys for Glacier Park Iron Ore Properties LLC.


OPINION1

Before the Court are cross-motions for partial summary judgment in this adversary proceeding. Mesabi Metallics Company LLC (f/k/a Essar Steel Minnesota LLC ("ESML") (hereinafter "Mesabi" or the "Plaintiff") is an iron ore mining and processing...

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