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01/24/2013 03:22:01 PM EST

Bankrupt Steel Company Sues Creditor Seeking To Recover $298,221.44 In Assets

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LexisNexis® Mealey's™ Bankruptcy Legal News

WILMINGTON, Del. - Bankrupt steel company RG Steel Sparrows Point LLC on Jan. 7 sued Chesapeake Specialty Products Inc. in the U.S. Bankruptcy Court for the District of Delaware, seeking to recover assets the company alleged were fraudulently conveyed (RG Steel Sparrows Point LLC v. Chesapeake Specialty Products Inc. $(In Re: WP Steel Venture LLC$), No. 12-11661, Chapter 11, D. Del. Bkcy.).Full story on lexis.com