Feds Investigating Blackjewel for Fraud; Want Documents Preserved
Blackjewel, LLC, filed for Chapter 11 business bankruptcy protection on July 1 and sent hundreds of Belle Ayr and Eagle Butte workers home the same day.
bankruptcy
Bankruptcy Judge Approves Plan to Sell 2 Wyoming Coal Mines
Under the deal, West Virginia-based Blackjewel would sell the Eagle Butte and Belle Ayr mines in northeast Wyoming to Eagle Specialty Materials, a subsidiary of Alabama-based FM Coal.
New Company Enters Possible Deal for Idle Wyoming Coal Mines
The new deal that would transfer the mines from Contura to FM Coal also would need approval from a bankruptcy judge and Contura's board of directors.
Contura Announces Possible Buyer for Shuttered Wyoming Mines
The agreement is subject to approval by Contura's board of directors and U.S. Bankruptcy Court in West Virginia.
After Bankruptcy Filing, Purdue Pharma May Not Be Off Hook
Steve Miller, chairman of Purdue's board of directors, said on a conference call with reporters that an admission of wrongdoing is not part of the deal.
Hearing Ordered as Miners Protest by Blocking Coal Trains
Lawyers for Blackjewel say the coal is losing value and increasing in combustibility, meaning it could burst into flames, as it sits on the tracks.
Blackjewel-related Bank Owes Casper Company More than $500,000
The Milton, W. Va.-based Blackjewel LLC, filed for Chapter 11 bankruptcy business reorganization on July 1.
Judge Approves Wyoming, Montana Coal Mine Bankruptcy Sale
Cloud Peak filed for Chapter 11 bankruptcy May 10.
Blackjewel's Compliance Over Wage Bonds Under Investigation
The cabinet has issued Blackjewel a citation including a $366,500 fine for violation of the law.
Cloud Peak Energy Delays Asset Auction Again
The auction, originally scheduled for Thursday, will take place 11 a.m. EDT Aug. 15 in New York.