Patriot Coal Appeals Bankruptcy Order
Patriot Coal has appealed a bankruptcy court order that favored its former parent, Peabody Energy, in a dispute over retiree benefits.
On May 29, a U.S. Bankruptcy judge denied Patriot’s request that Peabody continue paying its own obligations for health care benefits for certain retirees. Patriot moved to modify its agreements with the miners union under a separate ruling last month.
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