Bloomberg Gets Time to Fight Molycorp Order

Earlier this week, a federal judge ordered those involved with Molycorp (OTCMKTS:MCPIQ) to disclose conversations with Bloomberg reporters. The news agency has been reporting on the company’s bankruptcy case.
However, the Wall Street Journal recently reported that the judge had granted Bloomberg more time to put together a legal challenge.
As quoted in the publication:

Judge Christopher Sontchi of the U.S. Bankruptcy Court in Wilmington, Del., said he may have erred in denying Bloomberg a chance to challenge the order he issued last week. That order required some 120 professionals involved in Molycorp’s chapter 11 case to file sworn statements about any conversation they had with Bloomberg reporters concerning the mining company in recent months.

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