Unemployed Blackjewel coal miner Jeffrey Willig hosts a
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Blackjewel has continued to not comply with the Surface Mining Control and Reclamation Art or the Clean Water Act throughout the country, several conservation groups and environmental regulators allege in court documents. Blackjewel holds the license to mine coal while Contura, a company created out of the 2015 bankruptcy of Alpha Natural Resources, holds the Wyoming state mine permits. The Blackjewel bankruptcy case has been ongoing since the summer of 2019 when Blackjewel, LLC abruptly collapsed, leaving over 2000 miners in … Read more on wvpublic.org. Bankruptcy; Mining; United States; Coal; Albany County (Wyo.) 2019-08-25 · “This Revelation/Blackjewel filing is the beginning of phase 2 of the coal bankruptcy cycle, and it’s going to be devastating,” said Peter Morgan, a Sierra Club senior attorney.
Its operations, including vast mines in Virginia, shut down in 2019, leaving about 1,100 employees across the region without pay. 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 Blackjewel miners made national headlines last summer with a nearly two-month protest that blocked a load of coal on railroad tracks in eastern Kentucky. The company’s sudden and chaotic bankruptcy 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 Belle Ayr and the adjacent Eagle Butte mine shuttered a few hours after its operator, Blackjewel LLC—the country's sixth-largest coal producer—abruptly filed for bankruptcy protection. It had about The Blackjewel coal mining company can walk away from cleaning up and reclaiming coal mines covered by more than 30 permits in Kentucky under a liquidation agreement reached Friday in federal bankruptcy court in Charleston, West Virginia, attorneys participating in the case said.
The order was signed this morning by Blackjewel President and CEO Jeff Hoops. The Corporate Ownership Statement names Lime Rock Partners Fund V as 62.5 percent owner and Blackjewel Trust owning 37.5 percent. In a motion filed in bankruptcy court in May, Kentucky environmental regulators contended Blackjewel has hundreds of outstanding environmental and mining violations at several mine sites in the state.
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Here you'll find overview articles explaining what bankruptcy is, the difference between Chapter 7 and Chapter 13 bankruptcy, how each type of Understanding bankruptcy can be complicated, we are here with understanding what bankruptcy is, when it makes sense to file for it and how to recover after. As seen in: How we make money: The Simple Dollar is an independent, advertising-sup Jul 16, 2019 In a legal memo to the council filed on July 1 — the day Blackjewel declared bankruptcy, the DEQ's lawyer said the bankruptcy was irrelevant to Jul 9, 2019 The Eagle Butte and Belle Ayr mines near Gillette closed and sent roughly 700 workers home after Blackjewel LLC filed for bankruptcy Aug 1, 2019 Cumberland, Ky. — It's day four of a protest by coal miners in Kentucky. They're blocking a train loaded with coal from leaving the mine after its Oct 31, 2019 One group of miners, formerly employed by Blackjewel, now want what the bankrupt coal mining operation owed them: an estimated $2.6 to Jun 18, 2020 A coalition of conservation and environmental groups is once again calling attention to pollution and unmet environmental obligations at mines Blackjewel LLC, which operates Eagle Butte and Belle Ayr mines near Blackjewel is the fifth coal producer in Wyoming to file for bankruptcy in recent years. Jul 30, 2019 Coal miners angry about a lack of pay during Blackjewel LLC's bankruptcy are preventing a train from leaving one of its Kentucky mines, Jul 22, 2020 Within days, hundreds of Blackjewel miners in the Powder River Basin and Appalachia reported money “disappearing” from their bank accounts Jul 1, 2019 Blackjewel LLC, which operates the Eagle Butte and Belle Ayre mines in Campbell County and 30 other properties around the country, filed Feb 9, 2021 According to the proposed settlement, two main categories in this case apply under bankruptcy law.
Unemployed Blackjewel coal miners, their family members
2019-08-09 · Knoxville company to take over Kentucky mines after Blackjewel bankruptcy, Harlan miners to be paid "We are committed to bring as many people back to work as quickly as possible." 2019-08-15 · Blackjewel has a line of credit and term loan with United Bank, upon which it owes $5 million and $1 million respectively.
The order was signed this morning by Blackjewel President and CEO Jeff Hoops. The Corporate Ownership Statement names Lime Rock Partners Fund V as 62.5 percent owner and Blackjewel Trust owning 37.5 percent. In a motion filed in bankruptcy court in May, Kentucky environmental regulators contended Blackjewel has hundreds of outstanding environmental and mining violations at several mine sites in the state. 2020-07-01 · On July 1, 2019, Blackjewel, run by then-CEO Jeff Hoops filed for Chapter 11 Bankruptcy protection. Blackjewel and its subsidiaries employed more than 1,100 people in Kentucky, Virginia and West
2021-03-19 · More than 300 miners in Harlan County unexpectedly found themselves unemployed when Blackjewel declared bankruptcy and shut down their mining operations. Credit: Scott Olson/Getty Images Related
2019-08-07 · On July 1, coal companies Blackjewel and Revelation Energy announced they were entering Chapter 11 bankruptcy. The announcement is one in a long string of bankruptcies plaguing the coal industry, though this bankruptcy is unfolding differently than others — mines shut down immediately, workers had paychecks retroactively withdrawn from accounts, and Jeff Hoops, the founder and leader of the
The Blackjewel coal mining company can walk away from cleaning up and reclaiming coal mines covered by more than 30 permits in Kentucky under a liquidation agreement reached Friday in federal bankruptcy court in Charleston, West Virginia, attorneys participating in the case said.
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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? Some are meant for businesses while others were meant for personal If you’re having debt management problems, Explore alternatives to Chapter 7 or Chapter 13 bankruptcy before you file. By Cara O'Neill, Attorney COVID-19 Updates: Retirement Accounts; Stimulus Funds; Online Filings The coronavirus pandemic has impacted millions, but you can still ma If you are deciding if bankruptcy is right for you, the first step is to learn about bankruptcy. Here you'll find overview articles explaining what bankruptcy is, the difference between Chapter 7 and Chapter 13 bankruptcy, how each type of Understanding bankruptcy can be complicated, we are here with understanding what bankruptcy is, when it makes sense to file for it and how to recover after.
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. Blackjewel’s Bankruptcy Filing Is a Harbinger of Trouble Ahead for the Plummeting Coal Industry An Industry in Free Fall. The news just gets worse for the coal industry. Last week, the U.S. Energy Information Agency “It Looks Like a Bomb Went Off”. Blackjewel has been trying, with some success,
2021-03-03 · The bankruptcy case involves several Blackjewel-affiliated companies, which are now also suing Hoops for alleged self-dealing.
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Bristol, Tennessee-based Alpha Natural Resources filed for bankruptcy in 2015, followed by Peabody Energy Blackjewel filed for Chapter 11 bankruptcy on July 1, 2019. The company was the country’s sixth-largest coal producer in 2018, according to federal data published last year. David Crigger/BHC 2021-04-02 · Those workers are being told the company will operate as usual through the bankruptcy process, said the Blackjewel employee. For now, they’ll continue mining coal and hope they’ll keep getting Revelation and Blackjewel’s case comes just two weeks after the Chapter 11 bankruptcy filing of Cambrian Coal, LLC., which oversees multiple mining operations in Kentucky and Virginia. 2019-08-02 · Economy Energy & Environment. August 2, 2019.
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. Coal producer Blackjewel LLC sought bankruptcy protection on Monday to buy time to reorganize or find a buyer, citing its inability to refinance debt and challenges such as rising black-lung costs
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. 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.
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Citizens Coal Council Facebook
When Blackjewel filed for bankruptcy last July 1, it did so with a pile of unmet land, water and safety fines at several of its over two dozen facilities. Blackjewel has continued to not comply with the Surface Mining Control and Reclamation Art or the Clean Water Act throughout the country, several conservation groups and environmental regulators allege in court documents. Blackjewel holds the license to mine coal while Contura, a company created out of the 2015 bankruptcy of Alpha Natural Resources, holds the Wyoming state mine permits. The Blackjewel bankruptcy case has been ongoing since the summer of 2019 when Blackjewel, LLC abruptly collapsed, leaving over 2000 miners in … Read more on wvpublic.org. Bankruptcy; Mining; United States; Coal; Albany County (Wyo.) 2019-08-25 · “This Revelation/Blackjewel filing is the beginning of phase 2 of the coal bankruptcy cycle, and it’s going to be devastating,” said Peter Morgan, a Sierra Club senior attorney.