The recent bankruptcy declaration of coal giant Blackjewel, LLC and its affiliates, which has left some 1,800 workers unemployed and owed unpaid back wages, is a case study in gross incompetence

WHITESBURGH, Ky. (OVR) — The convoluted bankruptcy of coal company Blackjewel has hit another turn of events as the company’s former CEO moved to liquidate the company. A federal judge is

He said Blackjewel’s bankruptcy has been unusually chaotic. “How do you get this far behind on your payments with $100,000 in the bank and not think you’re getting close to bankruptcy?” he asked. At the Saturday hearing, Blackjewel’s lawyers told the court that without another infusion of cash, it can’t pay its Appalachian employees. 2021-03-26 · Much of Blackjewel’s former coal empire in Virginia remains in disarray, even as a federal judge signed off on a bankruptcy settlement this week. More than two dozen Virginia mining permits controlled by the company are in limbo, with a handful unable to find a buyer and most of the remainder locked in a dispute between two companies that each claim the other is the owner. 2019-07-02 · Blackjewel holds the license to mine coal while Contura, a company created out of the 2015 bankruptcy of Alpha Natural Resources, holds the Wyoming state mine permits.

Blackjewel mining bankruptcy

Blackjewel has been trying, with some success, 2021-03-03 · The bankruptcy case involves several Blackjewel-affiliated companies, which are now also suing Hoops for alleged self-dealing. Hoops has denied the accusations, according to the Wall Street Journal. The recent bankruptcy declaration of coal giant Blackjewel, LLC and its affiliates, which has left some 1,800 workers unemployed and owed unpaid back wages, is a case study in gross incompetence 2019-07-10 · Blackjewel’s bankruptcy looks like bad news for workers and mine cleanup. An Eastern Kentucky coal mine. Photo by Matt Wasson.

The Blackjewel bankruptcy case has been ongoing since the summer of 2019 when Blackjewel, LLC abruptly collapsed, leaving over 2000 miners in Wyoming, Kentucky and West Virginia without their jobs, their benefits, or their final paychecks.

The recent bankruptcy declaration of coal giant Blackjewel, LLC and its affiliates, which has left some 1,800 workers unemployed and owed unpaid back wages, is a case study in gross incompetence 2019-07-10 · Blackjewel’s bankruptcy looks like bad news for workers and mine cleanup. An Eastern Kentucky coal mine.

In Wyoming, Blackjewel holds the license to mine coal in Wyoming while Contura, a company created out of the 2015 bankruptcy of Alpha Natural Resources, holds the state mine permits. Blackjewel recently missed a $1 million tax payment owed to Campbell County, Wyoming. Contura sold the Wyoming mines to Blackjewel in 2017.

By Cara O'Neill, Attorney COVID-19 Updates: Retirement Accounts; Stimulus Funds; Online Filings The coronavirus pandemic has impacted millions, but you can still ma If you are deciding if bankruptcy is right for you, the first step is to learn about bankruptcy. Here you'll find overview articles explaining what bankruptcy is, the difference between Chapter 7 and Chapter 13 bankruptcy, how each type of Understanding bankruptcy can be complicated, we are here with understanding what bankruptcy is, when it makes sense to file for it and how to recover after. As seen in: How we make money: The Simple Dollar is an independent, advertising-sup Jul 16, 2019 In a legal memo to the council filed on July 1 — the day Blackjewel declared bankruptcy, the DEQ's lawyer said the bankruptcy was irrelevant to Jul 9, 2019 The Eagle Butte and Belle Ayr mines near Gillette closed and sent roughly 700 workers home after Blackjewel LLC filed for bankruptcy Aug 1, 2019 Cumberland, Ky. — It's day four of a protest by coal miners in Kentucky. They're blocking a train loaded with coal from leaving the mine after its Oct 31, 2019 One group of miners, formerly employed by Blackjewel, now want what the bankrupt coal mining operation owed them: an estimated $2.6 to Jun 18, 2020 A coalition of conservation and environmental groups is once again calling attention to pollution and unmet environmental obligations at mines Blackjewel LLC, which operates Eagle Butte and Belle Ayr mines near Blackjewel is the fifth coal producer in Wyoming to file for bankruptcy in recent years. Jul 30, 2019 Coal miners angry about a lack of pay during Blackjewel LLC's bankruptcy are preventing a train from leaving one of its Kentucky mines, Jul 22, 2020 Within days, hundreds of Blackjewel miners in the Powder River Basin and Appalachia reported money “disappearing” from their bank accounts Jul 1, 2019 Blackjewel LLC, which operates the Eagle Butte and Belle Ayre mines in Campbell County and 30 other properties around the country, filed Feb 9, 2021 According to the proposed settlement, two main categories in this case apply under bankruptcy law. Oct 27, 2019 Coal miners from Blackjewel coal company pass time chatting on the railroad tracks that lead to one of the company's mines on August 08, Jul 3, 2019 Mine owner Blackjewel LLC of Milton, W.Va., says it has filed for Chapter 11 bankruptcy protection.

Updated July 29, 2019 to update mine permit table, permit estimates and acreage estimates. On July 1, Blackjewel and Revelation Energy announced the companies were entering Chapter 11 bankruptcy. 2019-07-09 · When it filed for bankruptcy, Blackjewel owed the US Bureau of Land Management $60 million in unpaid royalties for coal mined on federal land. Rather than calling Hoops’s company to account, the BLM put the company on a payment plan that allowed it to continue mining—something that Hoops said was unthinkable for a private land company. 2020-12-22 · Unpaid miners blocking the tracks in 2019. CHARLESTON, WVa. — A federal bankruptcy judge has denied a petition from former Blackjewel coal executive Jeff Hoops to liquidate the company. One group of miners, formerly employed by Blackjewel, now want what the bankrupt coal mining operation owed them: an estimated $2.6 to $5.5 million in back wages.
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The debtors mine and process metallurgical, thermal and other specialty and industrial coals; they operate 32 properties and hold over 500 mining permits — “ more than any other enterprise in the country.

2019-07-09 · That October, Revelation Energy, an affiliate of Blackjewel that also filed for Chapter 11 bankruptcy July 1, began quietly transferring a number of its Virginia mining permits to Blackjewel, in a sign that it may have been thinking of dividing up its assets between the two. He said Blackjewel’s bankruptcy has been unusually chaotic.
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When Blackjewel filed for bankruptcy last July 1, it did so with a pile of unmet land, water and safety fines at several of its over two dozen facilities. Blackjewel has continued to not comply with the Surface Mining Control and Reclamation Art or the Clean Water Act throughout the country, several conservation groups and environmental regulators allege in court documents.

Courtesy of the Kanawha Forest Coalition. The Blackjewel bankruptcy case has been ongoing since the summer of 2019 when Blackjewel, LLC abruptly collapsed, leaving over 2000 miners in Wyoming, 2021-03-23 · WHITESBURG, Ky. (OVR) -- The Blackjewel bankruptcy case has been ongoing since the summer of 2019 when Blackjewel, LLC abruptly collapsed, leaving over 2,000 miners in Wyoming, Kentucky and West Virgi The causes of the protest stemmed from the 2019 bankruptcy of Blackjewel Coal, a coal mining company that operated a mine in the county. Following the company's bankruptcy, former coal miners did not receive payment for several weeks of work, leading to many miners protesting by blocking a coal train on tracks in the county.

2021-03-19 · More than 300 miners in Harlan County unexpectedly found themselves unemployed when Blackjewel declared bankruptcy and shut down their mining operations. Credit: Scott Olson/Getty Images Related

Miners left unpaid by the bankrupt Blackjewel coal company say they are prepared to keep up their protest on railroad tracks in Harlan County, Kentucky, where they are blocking delivery of a load of coal. As their protest grows and gains attention, a bankruptcy court hearing on Monday could determine Growing Protest. Blackjewel workers have gone without pay since the end of June, when, miners said, paychecks bounced without warning amid a chaotic bankruptcy filing. Backjewel owes more than $11 million in unpaid wages and taxes to roughly 1,100 workers in Kentucky, Virginia, and West Virginia. Growing Protest. Blackjewel workers have gone without pay since the end of June, when, miners said, paychecks bounced without warning amid a chaotic bankruptcy filing.Backjewel owes more than $11 It was another window on the continuing fallout from Blackjewel's massive bankruptcy in 2019. The demise of the nation's sixth-largest U.S. coal producer left 1,700 jobless in Wyoming, Virginia Blackjewel LLC and three affiliates are the latest in a long string of coal companies to file for bankruptcy.

As their protest grows and gains attention, a bankruptcy court hearing on Monday could determine Growing Protest. Blackjewel workers have gone without pay since the end of June, when, miners said, paychecks bounced without warning amid a chaotic bankruptcy filing.