September 26, 2018
A company formed by Jay Alix, a critic of consulting giant McKinsey & Co., on Wednesday argued again that the court should reopen the Alpha Natural Resources Chapter 11 case over alleged conflicts of interest, saying that McKinsey's legal arguments against reopening were "pathetic."
March 23, 2017
A Virginia federal judge on Wednesday put the final seal of approval on a $192 million settlement between bankrupt Alpha Natural Resources Inc. and the U.S. Department of Labor for workplace safety violations that led to black lung injuries.
December 07, 2016
A Virginia bankruptcy judge on Wednesday approved a settlement between Alpha Natural Resources Inc. and a company formed by Alpha’s first-lien lenders to resolve issues surrounding $100 million in potential liabilities uncovered after Alpha’s Chapter 11 plan was approved.
November 17, 2016
The West Virginia Department of Environmental Protection urged a Virginia federal judge on Wednesday to invalidate the portions of Alpha Natural Resources Inc.’s Chapter 11 plan that release its management from liability for its activities, saying the coal producer’s brass hid up to $100 million in potential losses.
November 04, 2016
Alpha Natural Resources Inc. on Friday asked a Virginia bankruptcy judge to approve a settlement as part of its previously approved Chapter 11 reorganization that gives it $25 million from a distribution reserve fund as reimbursement for liabilities paid on behalf of Contura Energy Inc., which was formed by Alpha's first-lien lenders.
July 08, 2016
A Virginia bankruptcy judge on Thursday approved coal producer Alpha Natural Resources Inc.'s debt restructuring plan, clearing the way for the company's first-lien lenders to take over some of its primary mines and fund clean-up work.
July 08, 2016
Mining magnate Hugh Caperton asked a Virginia bankruptcy court Thursday to allow a damages trial in state court against Massey Energy Co. to go forward during Massey's parent company's bankruptcy, arguing it would bring closure to nearly 20 years of litigation between the competitors.
July 07, 2016
A Virginia federal judge on Thursday affirmed a bankruptcy court's decision to allow 15 executives of bankrupt coal concern Alpha Natural Resources Inc. to tap into a maximum $11.9 million employee incentive program, finding no clear error in U.S. Bankruptcy Judge Kevin R. Huennekens' decision to adopt the potential payouts.
July 01, 2016
Alpha Natural Resources has agreed to pay up to $7.5 million to fund land and stream restoration projects as part of a settlement with environmental protection groups that have agreed in exchange to drop objections to the coal mine operator's reorganization plan, according to documents filed Thursday in West Virginia.
June 29, 2016
A West Virginia company on Wednesday challenged Alpha Natural Resources Inc.'s proposed reorganization plan, saying that the proposal does not guarantee the coal company will assume all state and federal environmental reclamation permits for all of its properties.