Blackjewel, which has operated 32 properties across the country, including surface and underground coal mines, filed for Chapter 11 reorganization bankruptcy in July 2019. Its operations, including vast mines in Virginia, shut down in 2019, leaving about 1,100 employees across the region without pay.
Jun 5, 2020 With regard to Shovels 12 and 13, Blackjewel sold its Wyoming mines to Eagle Special Materials, LLC (ESM) pursuant to an order on October 4
Growing Protest. Blackjewel workers have gone without pay since the end of June, when, miners said, paychecks bounced without warning amid a chaotic bankruptcy filing.Backjewel owes more than $11 It was another window on the continuing fallout from Blackjewel's massive bankruptcy in 2019. The demise of the nation's sixth-largest U.S. coal producer left 1,700 jobless in Wyoming, Virginia Blackjewel LLC and three affiliates are the latest in a long string of coal companies to file for bankruptcy. The debtors mine and process metallurgical, thermal and other specialty and industrial coals; they operate 32 properties and hold over 500 mining permits — “ more than any other enterprise in the country. 2019-07-14 · With two of Wyoming’s largest coal mines closed pending Blackjewel LLC’s bankruptcy filings and approximately 600 laid-off workers warming the bench, legislators and state economists are contemplating the future of coal in Wyoming. Coal mining company Blackjewel abruptly filed for bankruptcy last month. Hundreds of non-union workers have been left with no severance or health benefits.
An Eastern Kentucky coal mine. Photo by Matt Wasson. Updated July 29, 2019 to update mine permit table, permit estimates and acreage estimates. On July 1, Blackjewel and Revelation Energy announced the companies were entering Chapter 11 bankruptcy. 2019-07-09 · When it filed for bankruptcy, Blackjewel owed the US Bureau of Land Management $60 million in unpaid royalties for coal mined on federal land.
On July 1, Blackjewel and Revelation Energy announced the companies were entering Chapter 11 bankruptcy.
In the wee hours of July 1, Blackjewel made an emergency bankruptcy filing. Later in the day, the company closed its two giant operations in the Powder River Basin in Wyoming, sending hundreds of workers home even as paychecks started bouncing.
While we receive compensation when you click links News, analysis and comment from the Financial Times, the worldʼs leading global business publication We use cookies for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media If the process of filing a bankruptcy has left you wondering what all is involved, now's the time to learn. While the steps leading up to the actual event are rather involved, there are still some If the process of filing a bankruptcy ha If you're having debt management problems, did you know there were several types of bankruptcy available to take advantage of?
On July 1, 2019, Blackjewel, L.L.C. and four affiliated debtors (collectively, the "Debtors") each filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of West Virginia.
On July 1, Blackjewel and Revelation Energy announced the companies were entering Chapter 11 bankruptcy. 2019-07-09 · When it filed for bankruptcy, Blackjewel owed the US Bureau of Land Management $60 million in unpaid royalties for coal mined on federal land. Rather than calling Hoops’s company to account, the BLM put the company on a payment plan that allowed it to continue mining—something that Hoops said was unthinkable for a private land company.
Oct 27, 2019 Coal miners from Blackjewel coal company pass time chatting on the railroad tracks that lead to one of the company's mines on August 08,
Jul 3, 2019 Mine owner Blackjewel LLC of Milton, W.Va., says it has filed for Chapter 11 bankruptcy protection. Blackjewel operates mines in Wyoming,
Sep 3, 2019 On July 1st, the nation's sixth-largest coal company, Blackjewel LLC, declared bankruptcy without warning, leaving 1,700 employees out of
Jun 5, 2020 With regard to Shovels 12 and 13, Blackjewel sold its Wyoming mines to Eagle Special Materials, LLC (ESM) pursuant to an order on October 4
Sep 14, 2020 Ned Pillersdorf is an attorney for the former employees of Milton, West Virginia- based Blackjewel in Wyoming and Appalachia.
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A federal judge is WHITESBURG, Ky. (OVR) — The Blackjewel bankruptcy case has been ongoing since the summer of 2019 when Blackjewel, LLC abruptly collapsed, leaving over 2,000 miners in Wyoming, Kentucky and West The Blackjewel bankruptcy case has been ongoing since the summer of 2019 when Blackjewel, LLC abruptly collapsed, leaving over 2,000 miners in Wyoming, Kentucky and West Virginia without their jobs, their benefits, or their final paychecks. A federal bankruptcy judge in West Virginia could soon decide whether to allow the Blackjewel coal mining company, once the nation’s sixth-largest coal producer, to shed responsibility for Blackjewel’s Bankruptcy Filing Is a Harbinger of Trouble Ahead for the Plummeting Coal Industry The company wants to walk away from almost 200 mining permits in four states, potentially leaving Bankrupt coal company Blackjewel has reached an agreement to transfer most of its mine permits to other companies, but the deal leaves open the potential for abandoning some permits, which could CHARLESTON, WVa. — A federal bankruptcy judge has denied a petition from former Blackjewel coal executive Jeff Hoops to liquidate the company. The decision means the reorganization of the company In the wee hours of July 1, Blackjewel made an emergency bankruptcy filing.
The Blackjewel bankruptcy case has been ongoing since the summer of 2019 when Blackjewel, LLC abruptly collapsed, leaving over 2000 miners in Wyoming,
2021-03-23 · WHITESBURG, Ky. (OVR) -- The Blackjewel bankruptcy case has been ongoing since the summer of 2019 when Blackjewel, LLC abruptly collapsed, leaving over 2,000 miners in Wyoming, Kentucky and West Virgi
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.
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A series of transactions would compensate Blackjewel workers including in Harlan County, Ky., who protested when they were left unpaid because of the company’s bankruptcy.
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A federal bankruptcy judge in West Virginia could soon decide whether to allow the Blackjewel coal mining company, once the nation’s sixth-largest coal producer, to shed responsibility for
2019-07-01 · Blackjewel Holdings, LLC, filed Chapter 11 bankruptcy July 1 in U.S. Bankruptcy Court for the Southern District of West Virginia. The order was signed this morning by Blackjewel President and CEO Jeff Hoops.