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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 seeks approval to cut benefits  Tuscaloosa News (subscription)
Walter Energy Wants Bankruptcy Court's Approval to End Labor Pacts  Nasdaq
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 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
Walter Energy Plans to File for Bankruptcy
Walter Energy Inc. is preparing to file for bankruptcy protection this week after agreeing on a fast-track restructuring process that would hand ownership of the coal miner to senior creditors, according to people familiar with the matter.
What would Walter Energy's potential bankruptcy mean for Alabama?
Walter Energy Said Negotiating Bankruptcy as Soon as June
Walter Energy Inc. is negotiating a debt restructuring with senior lenders that may put the unprofitable coal producer into bankruptcy as soon as this month, according to two people with knowledge of the discussions.
Walter Energy could file bankruptcy this month: Bloomberg  Reuters
Walter Energy may file for bankruptcy  Tuscaloosa News (subscription)
Walter Energy Delaying Bond Payment Amid Lender Negotiations
Walter Energy Inc. will miss an interest payment to junior noteholders due in four days as it negotiates with creditors to restructure its debt.
Steep slump in coal stocks, as investors bail, began before CO2 concerns  Environment & Energy Publishing
Walter Energy Receives 30 More Days of Cash Access
Birmingham-based Walter Energy is one of several coal companies--among them Patriot Coal Corp. and Alpha Natural Resources Inc. (ANRZQ)--that have sought chapter 11 protection in recent months amid low prices, increased regulatory pressure and ...
Court extends Walter Energy's ability to use cash collateral through Oct. 21  Birmingham Business Journal
Walter Energy RSA Termination Confirmed  Bankrupt Company News (press release) (blog)
Walter Energy Enters Into Asset Purchase Agreement with Company Formed by its ...
5, 2015 /PRNewswire/ -- Walter Energy, Inc. (OTC Pink: WLTG) ("Walter Energy" or the "Company") today announced that it has entered into an asset purchase agreement (the "APA") with a newly formed entity capitalized and owned by members of the ...
Coal Producer Walter Energy Going Up for Auction in Bankruptcy Court  Wall Street Journal
Walter Energy to auction assets under new agreement  Birmingham Business Journal
Met coal producer Walter Energy posts US$470 M loss in 2014
In its fourth quarter financials, Walter Energy Inc. (TSX: WLT) reports that a dramatic drop in sales in 2014 were “primarily due to reduced sales of coal from the idled Canadian mining operations.
UPDATE 2-Walter Energy forecasts drop in metallurgical coal volume  Reuters
Walter Energy: Is There Any Value Left Here? (WLT)  Seeking Alpha (registration)
Walter Energy's Asset Value Dropped in Second Quarter
Walter Energy Inc. WLTGQ 2.89 % endured a $2.46 billion net loss, amounting to more than $30 a share, in the quarter ended June 30, as it wrote down assets in Canada and the U.K.