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James River Coal files for bankruptcy protection
April 7, 2014 / 9:30 PM / 3 years ago

James River Coal files for bankruptcy protection

April 7 (Reuters) - James River Coal Co filed for Chapter 11 bankruptcy protection on Monday after struggling with weak prices.

The company said it would continue to evaluate potential alternatives such as a capital investment through a plan of reorganization or a sale of one or more parts.

James River said it expected mining operations and customer shipments to continue throughout the restructuring process. (Reporting by Swetha Gopinath in Bangalore; Editing by Sriraj Kalluvila)

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