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In court documents filed yesterday in Federal Bankruptcy Court, Riverstone Credit Partners, a company to whom Blackjewel, LLC owes millions of dollars said, Blackjewel has told them the deal with Contura Energy to buy the Eagle Butte and Belle Ayr surface mines here is “dead.” The reason says Blackjewel is Contura’s insistence on shortening the […]
AARP Wyoming today released new state data and an infographic illustrating the impact of high prescription drug prices for Wyoming residents, specifically those living with cancer, prediabetes or diabetes, and heart disease. AARP unveiled the infographic at the National Academy for State Health Policy (NASHP) annual conference as part of AARP’s nationwide Stop Rx Greed […]
Washington, D.C. – U.S. Senator Mike Enzi, R-Wyo., is encouraging veterans in Wyoming to share their stories as part of the Veterans History Project, an initiative that aims to preserve and make accessible the personal recollections of American veterans. Enzi, in collaboration with the Veterans History Project at the Library of Congress, is hosting an […]
A Joint Judiciary Interim Committee of the Wyoming Legislature is meeting for a second day today at Casper College. One of the items the committee will consider is a draft proposal for a bill to establish a process, pursuant to federal law, whereby a person adjudicated as a mental defective or who has been committed […]
Campbell County will look into whether charges can be brought against the former CEO of Blackjewel Jeff Hoops who’s mismanagement of the company led to led to it’s sudden collapse. According to the Gillette News-Record at the Commission’s monthly meeting with elected officials, Commissioner Mark Christensen asked County Attorney Ron Wirthwein to look into how […]
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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) […]
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 […]
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 […]
