West Virginia Bankruptcy Judge Keeps Hope Alive For Displaced Mine Workers In Campbell County

A bankruptcy judge today in West Virginia approved a motion on behalf of Blackjewel, Llc. It was an, ‘Emergency Motion For an Order Authorizing Debtors to Obtain Interim Junior, Postpetition Financing From New DIP Lenders.’ Blackjewel secured a short-term loan in the amount of $2,900,000 from two lenders, Highbridge Capital & Management, LLC and (ii) […]

Black Jewel Ch. 11 – Emergency Bankruptcy Hearing Underway NOW – Judge Considers Interim, Junior, DIP Financing In Bid To Buy A Few Extra Days For Black Jewel To Find Permanent Solution

The emergency hearing also comes on a day when Black Jewel employees learned their health-care and medical coverage had been dropped with medical facilities refusing Black Jewel employee’s insurance and demanding payment for medical services in cash. The court is now in recess for thirty minutes as the issue of which creditors will be given […]

Attorneys General For Virginia & Kentucky Plead With Judge For Relief To Miners Hung Out To Dry By Black Jewel’s Incompetence

In a joint letter to the bankruptcy court handling the Chapter 11 proceedings of Black Jewel, LLC, The Attorneys General of Virginia and Kentucky pleaded with the Hon. Matthew J. Hayes to provide relief for hundreds of miners and their families facing catastrophe after Black Jewel abruptly filed for bankruptcy two weeks ago. The checks […]

Lummis Announces Run for U.S. Senate, Pledges to Stand ‘Shoulder to Shoulder’ with President Trump to Fight for WY

Cheyenne, Wyoming – Pledging to stand ‘shoulder-to-shoulder’ with President Donald Trump to enact a conservative agenda that will benefitWyoming families, Wyoming businesses, and Wyoming communities, former U.S. Congressman Cynthia Lummis announced she is running for the U.S. Senate today.    “In both Washington and Cheyenne, I fought to protect the values and freedoms of Wyoming […]