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Company: Asarco LLC
Current Parent Company:
Grupo Mexico
Parent at the Time of the Penalty Announcement:
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Penalty: $27,900,000
Year: 2008
Date: February 20, 2008
Offense Group: environment-related offenses
Primary Offense: environmental violation
Violation Description: Asarco won approval from a bankruptcy court to pay $27.9 million to settle hundreds of toxic torts suits relating to its operations in Arizona, Oklahoma and Texas.
Level of Government: federal
Action Type: private litigation
Court: Southern District of Texas Bankruptcy Court
Civil or Criminal Case: civil
Case ID: 2:05bk21207
Case Name: In re: Asarco LLC et al.
Private Lawsuit Resolution Type: settlement
Facility State: Texas
HQ Country of Current Parent: Mexico
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: mining and minerals
Specific Industry of Current Parent: mining
Source of Data:
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Link to Archived Court Document:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
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