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WLT 7.15
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Walter Energy Files for Bankruptcy Protection
Walter Energy Inc. on Wednesday filed for bankruptcy protection after agreeing on a fast-track restructuring process that would hand ownership of the coal miner to senior creditors.
Walter Energy Reaches Bankruptcy Deal as Coal Prices Drop  Bloomberg
Coal Miner Walter Energy, Inc. (WLT) Goes Bankrupt  ValueWalk
Walter Energy Lenders Strike Deal to Fund Retired Miners' Health Care
A miner's union will withdraw its challenge to Walter Energy Inc.'s pending sale in connection with the proposed buyer's pledge to provide health-care benefits to retired miners.
Walter Energy Reaches Deal to Sell Remaining Assets
The same Virginia nonprofit that scooped up Patriot Coal's heavily burdened coal mines out of bankruptcy is now poised to do the same for Walter Energy Inc. Court papers show that affiliates of the Virginia Conservation Legacy Fund Inc. will pay $1 in ...
Walter Energy to Sell Remaining U.S. Assets to Seminole Coal Resources  PR Newswire (press release)
Walter Energy strikes deal to sell remaining U.S. assets  Birmingham Business Journal
Walter Energy Canada Holdings, Inc. Commences Sale and Investment Solicitation ...
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 15, 2016) - Walter Energy Canada Holdings, Inc. ("Walter Energy Canada" or "the Company"), today announced that it has received approval from the Supreme Court of British Columbia to commence a ...
Walter Energy Wants Bankruptcy Court's Approval to End Labor Pacts
Walter Energy Inc. is seeking a bankruptcy court's approval to end employment agreements with its unions and stop funding retiree benefits so it can move ahead with the sale of its Alabama coal operations.
Walter Energy Wins Court Approval to Scrap Union Obligations
Walter Energy Inc. can scrap its union obligations to facilitate a sale, a move that will affect multi-employer funds covering health and retirement benefits for thousands of former miners but may allow the company to keep operating.
Walter Energy Can Cancel Labor Contract, Retiree Benefits: Federal ...  International Business Times
Bankrupt Walter Energy gets nod from judge to end labor pacts  Reuters
Walter Energy Judge Says Bankruptcy Headed for `Crash and Burn'
The bankruptcy of coal miner Walter Energy Inc. may “crash and burn” because of the lack of cooperation among the company, its lenders and its lower-ranking creditors, a judge said.
Walter Energy Tries to Salvage Restructuring With New Cash Order  Wall Street Journal
Bankrupt Walter Energy set to auction US coal assets
CHICAGO, Nov 24 Bankrupt Walter Energy Inc received court approval on Tuesday to auction its coal assets as part of a proposal to emerge from bankruptcy that has faced fierce opposition from unions and retirees in its home state of Alabama.
Walter Energy to request court approval to end labor contracts  Birmingham Business Journal
Walter Energy seeks approval to cut benefits  Tuscaloosa News (subscription)
Walter Energy Judge Warns Mine Workers May Lose Everything
A union lawyer negotiating with Walter Energy Inc. said miners would rather gamble jobs at the bankrupt coal producer than make additional concessions, a stance the judge called “a game of chicken.
Unions continue fight to end Walter Energy bonuses, regain benefits  Birmingham Business Journal
Union leader says Jim Walter Resources miners will strike if benefits not paid  Tuscaloosa News (subscription)
Form 8-K Walter Energy, Inc. For: Jan 15
As previously disclosed, on July 15, 2015, Walter Energy, Inc., a Delaware corporation (“Walter Energy” or the “Company”), and certain of the Company's wholly owned domestic subsidiaries (collectively, the “Debtors”), filed voluntary petitions under ...