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Westmoreland Coal sees quick exit from Chapter 11 bankruptcy after February 13 hearing

Coal News - Published on Mon, 11 Feb 2019

Image Source: Reuters
Reuters reported that Westmoreland Coal Co heads toward a February 13 court hearing on its Chapter 11 bankruptcy plan having locked in court orders for revising labor contracts and selling a marquee mine, actions it said are critical to its restructuring. If the plan is approved, the oldest US independent coal company aims to wrap up its bankruptcy within weeks.

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Posted By : Rabi Wangkhem on Mon, 11 Feb 2019
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