Bankruptcy Judge to Rule on March 3 on Blackjewel Settlement for Wyoming MinersAccording to the proposed settlement, two main categories in this case apply under bankruptcy law.Tom Morton
Blackjewel Class Action $17.3M Settlement Unsealed; 600 Wyoming Employees AffectedBlackjewel LLC suddenly filed for Chapter 11 bankruptcy protection on July 1, 2019, and sent home its employees without the proper notification.Tom Morton
Lawsuit: Former Blackjewel CEO Transferred $34M to Family Business Before BankruptcyThe Belle Ayr and Eagle Butte mines are now owned by Eagle Specialty Materials, LLC., a subsidiary of Alabama-based FM Coal.Tom Morton
Judge: Company Can Seek Repossession of Wyoming Coal ShovelsA lawyer said the mining companies don't dispute owing money on the shovels but the question is how much.Associated Press
New Wyoming Mine Owner at Odds With Komatsu Over Big ShovelsEagle Specialty Materials says the shovels are essential to keeping the mines open and hundreds of miners at work.Associated Press
Cleanup Requirements Hold up Sale of Blackjewel Coal MinesBlackjewel attorneys say the companies will seek replacement bonds.Associated Press
Feds Investigating Blackjewel for Fraud; Want Documents PreservedBlackjewel, LLC, filed for Chapter 11 business bankruptcy protection on July 1 and sent hundreds of Belle Ayr and Eagle Butte workers home the same day.Tom Morton
New Company Enters Possible Deal for Idle Wyoming Coal MinesThe new deal that would transfer the mines from Contura to FM Coal also would need approval from a bankruptcy judge and Contura's board of directors.Associated Press
Blackjewel-related Bank Owes Casper Company More than $500,000The Milton, W. Va.-based Blackjewel LLC, filed for Chapter 11 bankruptcy business reorganization on July 1.Tom Morton
Blackjewel Still Looking For Money for Campbell County MinesAfter another unsuccessful attempt to get $20 million, it was able to obtain $5 million in emergency funding to secure the mines and the equipment.Tom Morton