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Walter Energy Tries to Salvage Restructuring With New Cash Order
Walter Energy Inc. (WLTGQ), with its restructuring deal in pieces, pleaded with a reluctant bankruptcy judge Thursday for a new cash order that would appease its lenders and grant the coal company 30 days to reset.
Moving Walter Energy forward: What's next for the Alabama coal giant?
Few stories in 2015 dominated the headlines like the financial collapse and subsequent bankruptcy filing of Walter Energy Inc. - which was the state's largest metallurgical coal producer. A complete sale of the company's assets was set in motion when ...
Sold! Conuma Coal Resources to take on Walter Energy Canada's Three Mines
Earlier this year, the company acquired the Gauley Eagle and Maple mines in West Virginia and the Walter Coke and Taft coal operations in Alabama from Walter Energy, Walter Canada's former parent company for a dollar, assuming liabilities for that ...
New planned coal mines could bring 400 jobs to region  Bluefield Daily Telegraph
NYSE Suspends Trading in Walter Energy and Commences Delisting Proceedings
BIRMINGHAM, AL, Jul 8, 2015 (Marketwired via COMTEX) -- Walter Energy, Inc. WLT, +0.79% ("Walter Energy" or the "Company") today announced that NYSE Regulation, Inc. has determined to commence proceedings to delist the Company's common stock ...
Walter Energy stock de-listed from NYSE  Tuscaloosa News (subscription)
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.
Price slump hits BC coal miners
A devastating price slump is hammering British Columbia's coal sector as a U.S.-based company halts mining in the province while other players face mounting pressure.
Walter Energy Announces CCAA Filing to Pursue Sale of Walter Canada Assets
BIRMINGHAM, Ala., Dec. 7, 2015 /PRNewswire/ -- Walter Energy, Inc. (OTC Pink:WLTG) ("Walter Energy" or the "Company") today announced that its wholly-owned subsidiary Walter Energy Canada Holdings, Inc., the holding company for the Company's ...
Coal Producer Walter Energy Going Up for Auction in Bankruptcy Court
Coal producer Walter Energy, Inc. is headed to a January bankruptcy auction with an offer from senior lenders to cancel or take on $1.25 billion of the company's debts to set a floor price for the competition.
Walter Energy Enters Into Asset Purchase Agreement with Company Formed by ...  PR Newswire (press release)
Walter Energy to auction assets under new agreement  Birmingham Business Journal
Walter Energy gets court approval for $50M in financing
Walter's senior lenders have revealed plans to purchase the company's core assets, including substantial operations in central Alabama.
Buyers Remain Scarce for Bankrupt Coal Miners  Wall Street Journal
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.