Patriot Coal Slows Down Bankruptcy Reorganization Filing

Photo Courtesy of OTC Magic
Photo Courtesy of OTC Magic

Patriot Coal Corp. has put the brakes on its bankruptcy reorganization.

A week ago the bankrupt coal producer, based in Creve Coeur, said it planned to file materials this week expanding on its earlier bare-bones proposal. But Patriot then announced this week it won’t file the more detailed reorganization plan until Oct. 2.

Read more from the St. Louis Post-Dispatch

 


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