February 8, 2019 / 10:17 PM / 7 months ago

Westmoreland Coal sees quick exit from Ch. 11 bankruptcy after Feb. 13 hearing

Westmoreland Coal Co heads toward a Feb. 13 court hearing on its Chapter 11 bankruptcy plan having locked in court orders for revising labor contracts and selling a marquee mine, actions it said are critical to its restructuring.

If the plan is approved, the oldest U.S. independent coal company aims to wrap up its bankruptcy within weeks.

To read the full story on WestlawNext Practitioner Insights, click here: bit.ly/2SBcqSm

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