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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?  AL.com
Walter Energy Announces Closing of Sale of Non-Core U.S. Assets to Seminole ...
BIRMINGHAM, Ala., Feb. 12, 2016 /PRNewswire/ -- Walter Energy, Inc. ("Walter Energy" or the "Company") today closed the previously-announced sale of certain U.S.
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 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 ...
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 may file for bankruptcy  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.
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
Moving Walter Energy forward: What's next for the Alabama coal giant?
In a recent court filing, it was reported that the "Stalking Horse Purchaser" - an interested company or companies that can not be named - did not bid on certain non-core assets, including Lot 3 (West Virginia Assets), Lot 4 (Taft Assets), Lot 8 ...
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 ...
Defying downturn in coal, two new mines planned  Casper Star-Tribune Online
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