Arch Coal
Arch Coal Paid Bonuses Days Before Bankruptcy
|
Recent court documents show that Arch Coal paid executives more than $8 million in bonuses just days before the company declared bankruptcy.
Inside Energy (https://insideenergy.org/tag/bankruptcy/page/2/)
Recent court documents show that Arch Coal paid executives more than $8 million in bonuses just days before the company declared bankruptcy.
Alpha Natural Resources filed a plan today outlining how it hopes to emerge from bankruptcy. At the heart of the plan is a proposal to sell the company’s core assets, including its Wyoming mines.
Peabody Energy is one of the largest coal companies in the world and operates mines all over the United States. But some of its senior lenders are now recommending bankruptcy, as the company faces potential defaults on several loans.
To many, it seems the fall of the coal industry has happened almost overnight. Inside Energy’s Leigh Paterson looks at the perfect storm of factors behind coal’s decline.
As the market for coal dwindles, who will foot the bill for restoring the land mined for coal to what it once was? Leigh Paterson reports for Inside Energy on the fate of billions of dollars in outstanding coal mine clean-up costs.