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Feds, states, others oppose Patriot Coal reorganization plan
2015-10-02 14:04:55| Energy - Topix.net
Patriot Coal's latest reorganization plan is drawing opposition from the federal government, regulators in four states, creditors and others ahead of a bankruptcy court hearing on whether it should be approved. Opponents say in motions filed this week that the plan is not feasible and contains provisions that violate bankruptcy law.
2 states' regulators oppose Patriot Coal reorganization plan
2015-09-10 19:33:17| Energy - Topix.net
" Ohio and Pennsylvania regulators say Patriot Coal's reorganization plan doesn't adequately address the company's obligations to clean up mine pollution. Both states opposed the plan's approval in separate motions filed this week in U.S. Bankruptcy Court in Richmond, Virginia.
Union makes prospective agreements with Patriot bidders
2015-09-04 22:13:33| Energy - Topix.net
The United Mine Workers union says it has reached collective bargaining agreements in principal with the only two bidders for the properties of bankrupt Patriot Coal. UMW President Cecil Roberts says details of the agreements with Blackhawk Mining and an affiliate of the Virginia Conservation Legacy Fund are still being completed.
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Judge says he'll sign off on Patriot Coal asset sale
2015-09-01 19:08:18| Energy - Topix.net
U.S. Bankruptcy Judge Keith Phillips said on Monday at a hearing in Richmond that he would sign off on Patriot holding an auction on Sept. 9. The bidding would be led off by the Virginia Conservation Legacy Fund, The Wall Street Journal reported.
W.Va. officials object to Patriot Coal bankruptcy plan
2015-08-12 07:34:57| Energy - Topix.net
West Virginia environmental regulators say Patriot Coal's bankruptcy plan would leave the company with no assets to cover hundreds of millions of dollars in mine pollution cleanup. In a Monday filing in U.S. Bankruptcy Court in Virginia, attorneys for the Department of Environmental Protection wrote that Patriot's plan would expose people to public health and safety risks.
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