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Notice (Updated 10/30/2003)
This website provides certain information regarding Bethlehem�s chapter 11 bankruptcy case. More complete information regarding Bethlehem�s chapter 11 case is available for a fee at www.nysb.uscourts.gov. Nothing published in this website is intended in any way to promote the Company, its common stock or any of its securities.
On May 7, 2003, Bethlehem Steel Corporation completed the sale of substantially all of its assets to International Steel Group (ISG) for cash, ISG Class B common stock and the assumption of certain liabilities. The transaction is expected to provide Bethlehem sufficient cash to satisfy all allowed administrative, secured and priority claims.
On January 5, 2004, Bethlehem Steel Corporation announced that its Plan of Liquidation, which was confirmed by the United States Bankruptcy Court for the Southern District of New York on October 22, 2003, became effective on December 31, 2003, and pursuant to that Plan, Bethlehem Steel Corporation and its remaining subsidiaries were dissolved on December 31, 2003. Additionally, all of the outstanding stock of Bethlehem Steel Corporation has been cancelled.
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Bethlehem Steel Corp. |
