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San Bernardino may file for bankruptcy - Los Angeles Times

07/10/12

Facing a mounting budget deficit and dwindling tax revenue, the San Bernardino City Council on Tuesday is scheduled to consider drastic budget cuts, possibly filing for bankruptcy, to save the city from financial ruin. The city’s fiscal crisis ...

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Peregrine files for Chapter 7 bankruptcy - Reuters UK

07/10/12

(Reuters) - Peregrine Financial Group Inc, the regulated unit of the brokerage PFGBest, has filed to liquidate under Chapter 7 of the U.S. bankruptcy code, a court filing shows. Tuesday's filing with the U.S. bankruptcy court shows that ...

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Patriot Coal Can Borrow Part of Bankruptcy Loan - Bloomberg

07/10/12

They declined 90 percent in the year before yesterday’s bankruptcy filing. The company’s $250 million in 8.25 percent notes due in 2018 traded at 37 cents on the dollar today, according to Trace, the bond-price reporting system of the ...

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Rhino Resource says Patriot bankruptcy's impact on JV uncertain - Reuters

07/10/12

(Reuters) - Rhino Resource Partners LP (RNO.N) said the impact of partner Patriot Coal Corp's (PCX.N) bankruptcy filing on their joint venture in West Virginia is uncertain, but it expects operations at the metallurgical coal venture to continue.

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UPDATE 1-Rhino Resource says Patriot bankruptcy's impact on JV uncertain - Reuters

07/10/12

July 10 (Reuters) - Rhino Resource Partners LP said the impact of partner Patriot Coal Corp's bankruptcy filing on their joint venture in West Virginia is uncertain, but it expects operations at the mettalurgical coal venture to continue.

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InCharge Showcases Bankruptcy Courses at New Orleans Event - YAHOO!

07/10/12

there are still large numbers of filings and regions of the country that are showing increases," said Beth Mason, InCharge's Director of Outreach Programs for Bankruptcy Services. "The NACTT event attracts a national audience which makes this an ...

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James River Coal tumbles as energy stocks ebb - Marketwatch

07/10/12

NEW YORK (MarketWatch) — Energy stocks fell back Tuesday, surrendering earlier gains, as coal shares continued their slide after a bankruptcy filing from Patriot Coal Corp., with James River Coal Co. trading down more than 20%. On the upside ...

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Sector Snap: Coal miners down after Patriot filing - AP - msnbc.com

07/10/12

The impact from Patriot Coal's bankruptcy filing may hurt its peers in the short-term, but should be beneficial in the long run, an analyst said Tuesday. Patriot Coal Corp., which is based in St. Louis, filed for Chapter 11 bankruptcy protection on Monday ...

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Environmental appeal involving RG Steel to proceed - San Francisco Gate

07/10/12

RG Steel, the nation's fourth-largest flat-rolled steel manufacturer, sought bankruptcy protection in May. Bankruptcy filings routinely bring a halt to all litigation involving the debtor, but environmentalists sought permission to pursue an appeal filed ...

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Ahead of the Bell: CSX - CBS News

07/10/12

NEW YORK — The risk to railroad CSX Corp. from the bankruptcy filing of a major coal producer is minimal, analysts said Tuesday. Patriot Coal Corp., which is based in St. Louis, filed for Chapter 11 bankruptcy protection on Monday as it deals ...

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