News

July 13 (Reuters) - When Patriot Coal was spun off by Peabody Energy Corp five years ago, it aimed to become the dominant producer in the Appalachian coalfields, buying up small, struggling mining companies and increasing production to cater to ...

The three states share the regulatory confluence of strong restrictions on revenue-raising and low bars on bankruptcy filing. In California, five of its 39 Chapter 9 petitions were made by cities or counties: Orange County in 1994, and the cities of Desert ...

For purposes of Federal, state or local income taxes, the filing of a bankruptcy petition for or against an individual partner creates a separate taxable entity. 2 The partner and the bankruptcy estate must file separate tax returns. 2. Taxable Years of an ...

Imagine going into bankruptcy with billions of dollars in cash still in ... will the inevitable merger with U.S. Airways be allowed to go through. That's not the case says American spokesman Bruce Hicks. "Trust me there's nothing motivating ...

company or state attorney general that collects money — or is eligible to collect — from the US Fidelis bankruptcy pot. Azra Mehdi, a San Francisco lawyer representing the California consumers, said in a July 9 court filing that the proposed plan would ...