Bankruptcy & Collections

11th Circuit Permits Termination Of Retiree Obligations In Bankruptcy

01/13/2019Donaldson, Jed

In recent years, a variety of external factors—including, regulatory costs, political headwinds, falling oil prices, and the increased utilization of natural gas—have placed significant stress on domestic coal companies.  Those external factors, in conjunction with significant pension and healthcare liabilities and debt burdens, led to numerous bankruptcy filings within the coal industry.  The Bankruptcy Code… Read more »