Billionaire Ira Rennert grilled in court over MagCorp case
Billionaire mining mogul Ira Rennert could have used an asbestos suit at times on Thursday. Rennert, who seldom speaks in public, was forced to testify for about six hours in Manhattan federal court...
View ArticleJury weighing Ira Rennert’s $700 million fate
As a Manhattan federal court jury decides whether mining mogul Ira Rennert looted his company, Uncle Sam has a rooting interest in the verdict. Rennert-controlled Renco is accused of taking $118...
View ArticleJudge calls out mining mogul’s legal team as ‘devious at worst’
A Manhattan judge on Wednesday brushed aside an attempt by billionaire mining mogul Ira Rennert to avoid repaying at least $118 million to his defunct former magnesium producer. Judge Alison Nathan...
View ArticleIra Rennert slammed with more than $200M in fines
Billionaire Ira Rennert has been ordered to pay slightly more than $200 million, roughly the value of his 29-bedroom Hampton’s mansion. US District Judge AlisonNathan on Monday ruled that Rennert and...
View ArticleIra Rennert back in court over alleged $70M pension fraud
He’s ba-a-a-ck! Disgraced billionaire industrialist Ira Rennert, found liable earlier this year for looting his failed magnesium company to the tune of $117 million, was back in Manhattan federal court...
View ArticleIra Rennert skewered during testimony
Industrialist Ira Rennert on Wednesday testified before a Manhattan federal court judge that talks four years ago between his struggling RG Steel and potential lenders did not include the sale of a...
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