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The fate of Columbus Castings, including a abeyant auction to a new owner, is in the easily of a defalcation court, with no calendar for resolution. The South Side foundry’s ancestor company, Constellation Enterprises, filed for Chapter 11 defalcation aegis backward on Monday in a Delaware court. The move follows accumulation layoffs by the aggregation aftermost anniversary that accept larboard 23 workers at a bulb that afresh had about 800.

The fate of Columbus Castings, including a abeyant auction to a new owner, is in the easily of a defalcation court, with no calendar for resolution.

The South Side foundry’s ancestor company, Constellation Enterprises, filed for Chapter 11 defalcation aegis backward on Monday in a Delaware court. The move follows accumulation layoffs by the aggregation aftermost anniversary that accept larboard 23 workers at a bulb that afresh had about 800.

On Tuesday, Columbus Castings said it has accustomed a letter of absorbed from an bearding aggregation that is absorbed in affairs the branch as allotment of the defalcation action and resuming operations. In a Chapter 11 defalcation filing, a aggregation is gluttonous to restructure and administer its debt.

“If consummated, the client intends to bottle (Columbus Castings’) continuing adeptness to account its chump abject as able-bodied as animate cogent basic into the company,” the aggregation said in a statement.

Stellex Basic Management, a New York private-equity

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