Patriot Coal bankruptcy case starts Monday - Beckley, Bluefield & Lewisburg News, Weather, Sports

Patriot Coal bankruptcy case starts Monday

Posted: Updated:
  • Local NewsLocal NewsMore>>

  • UPDATE: East River Mountain Tunnel repairs completed

    UPDATE: East River Mountain Tunnel repairs completed

    Wednesday, July 30 2014 8:48 AM EDT2014-07-30 12:48:12 GMT
    Officials warn drivers to expect heavy delays Tuesday night and Wednesday night as the Northbound lanes of I-77 at the East River Mountain Tunnel close down for repairs.
    Officials warn drivers to expect heavy delays Tuesday night and Wednesday night as the Northbound lanes of I-77 at the East River Mountain Tunnel close down for repairs.
  • Will parking be an issue for Saints fans as the State Fair of West Virginia comes to town?

    Will parking be an issue for Saints fans as the State Fair of West Virginia comes to town?

    Wednesday, July 30 2014 8:47 AM EDT2014-07-30 12:47:44 GMT
    Local New Orleans Saints fans continue to watch and enjoy their beloved team as they continue to practice in our area. But as the State Fair of West Virginia grows closer and closer, some are concerned if parking will soon be an issue.
    Local New Orleans Saints fans continue to watch and enjoy their beloved team as they continue to practice in our area. But as the State Fair of West Virginia grows closer and closer, some are concerned if parking will soon be an issue.
  • Man and woman arrested for making meth with babies in the house

    Man and woman arrested for making meth with babies in the house

    Wednesday, July 30 2014 8:40 AM EDT2014-07-30 12:40:32 GMT
    Deputies with the Mercer County Sheriff's Department arrested two people Monday night, when it was discovered they were making meth with 2 babies in the house. Deputy Horn said the children are 7 and 18 months old.
    Deputies with the Mercer County Sheriff's Department arrested two people Monday night, when it was discovered they were making meth with 2 babies in the house. Deputy Horn said the children are 7 and 18 months old.

ST. LOUIS (AP) — The United Mine Workers of America union is promising to have thousands of miners and their supporters rallying in St. Louis next week as Patriot Coal Corp.'s bankruptcy hearing goes to court.

St. Louis-based Patriot filed for Chapter 11 bankruptcy in July. The case is scheduled to begin Monday in U.S. Bankruptcy Court in St. Louis

Patriot was spun off from another St. Louis coal company, Peabody Energy Corp., in 2007. Initially profitable, Patriot hit hard times in recent years. It blames exceptionally soft coal markets, rising costs and legacy liabilities tied to the spinoff.

Patriot is seeking drastic cuts in retiree health care benefits.

Union leaders say Patriot was set up to fail in a deliberate plan to end retiree benefit obligations. Patriot and Peabody officials deny that claim.

 

Copyright 2013 The Associated Press.