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The causes of the protest stemmed from the 2019 bankruptcy of Blackjewel Coal, a coal mining company that operated a mine in the county. Following the company's bankruptcy, former coal miners did not receive payment for several weeks of work, leading to many miners protesting by blocking a coal train on tracks in the county.
The causes of the protest stemmed from the 2019 bankruptcy of Blackjewel Coal, a coal mining company that operated a mine in the county. Following the company's bankruptcy, former coal miners did not receive payment for several weeks of work, leading to many miners protesting by blocking a coal train on tracks in the county.
Peabody Energy announced today it had come to terms with Patriot Coal and the United Mine Workers of America to reach a settlement with retirees following the bankruptcy of Patriot. Patriot sought ...
In July 2010, Riviera filed for Chapter 11 bankruptcy protection, listing $275 million in debt. [12] A reorganization plan led by Starwood Capital Group enabled the Riviera properties to remain open for business. Starwood emerged with a 75% stake in Riviera, with another 21% held by Derek Stevens, owner of the Golden Gate casino. [2]
After more than a year of negotiations, the Easterday bankruptcy settlement is nearing a conclusion for dozens of businesses owed money.. At a recent hearing, lawyers and Judge Whitman Holt of the ...
The company's U.S. underground mines produced high-quality coal from Alabama's Blue Creek seam. Jim Walter Resources, the Company's U.S. underground coal mining unit, has grown from a small producer of less than 1 million tons of coal per year, produced solely for use in its sister company's coke ovens, into one of the 25 largest coal metallurgical coal producers in the United States, with ...
The settlement was for almost $1 billion, which has been paid or credited to fewer than 20,000 farmers under the settlement's consent decree, the largest civil rights settlement until that point.
Foundation Coal added 7.5 million tons of annual coal shipments to its Eastern Coal operations, and expanded the company's presence in Wyoming. Although acquisitions helped Alpha expand rapidly since its founding in 2002, it also burdened it with debt ($185.6 million in 2004, $754.15 December 31, 2010).