WebOct 31, 2024 · 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. They blocked train tracks this ... WebDec 14, 2024 · Allegations of financial misconduct by Blackjewel’s former CEO have surrounded the company’s bankruptcy case since it began last July. But a December 10 court filing lays out specific allegations against ousted CEO Jeff Hoops: webs of shell companies and secret royalty schemes that allegedly enriched Hoops at the expense of …
Coal Miner Blackjewel Accuses Ex-CEO of Self-Dealing - WSJ
WebJan 15, 2024 · Hundreds of Blackjewel coal miners were suddenly sent home from work in July 2024 when the company's original financing plan for its bankruptcy restructuring failed to materialize. The company subsequently sold off its assets in the eastern U.S. and the Powder River Basin to other coal companies through a bankruptcy auction sale. WebAug 6, 2024 · Out-of-work Kentucky miners who are blocking a coal train to demand unpaid wages from their bankrupt former coal employer on Tuesday took a big step closer to returning to work — and getting at least some of the money they are owed.. A federal bankruptcy judge on Tuesday signaled approval of Tennessee-based Kopper Glo’s … potter county housing authority
Blackjewel Coal Moves To Liquidate, Leaving Millions Unpaid To …
Web“Blackjewel may be unfortunately the future of the coal industry,” said Clark Derry-Williams, an energy “Essentially, you had a company take over assets from other companies’ bankruptcies, mismanage them and turn them into an operational and nance analyst at the Institute for Energy Economics and Financial Analysis. nancial mess as well. WebOct 24, 2024 · Blackjewel went bankrupt in July and about 1,100 workers in central Appalachia lost several weeks of pay. In protest, coal miners blocked a train full of coal … WebDec 15, 2024 · Blackjewel stated in a Dec. 23 filing that it was seeking to abandon all of its unsold coal permits, though exactly which permits remain unsold and untransferred remains unclear. Judge Kahn will again take up the issues of permit abandonment and the general bankruptcy plan during the January 15 court hearing. touch screen or non touch screen laptop