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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...

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Jury 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...

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Judge 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...

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Ira 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...

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Ira 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...

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Ira 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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