News

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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Environmental appeal involving RG Steel to proceed - FederalNewsRadio.com

07/10/12

Bankruptcy filings routinely bring a halt to all litigation involving the debtor, but environmentalists asked U.S. Bankruptcy Judge Kevin Carey to lift the automatic stay in RG Steel's case so they could proceed with an appeal filed just a few weeks before ...

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AMR CEO says it's time to weigh merger options - San Francisco Gate

07/10/12

AMR told the bankruptcy judge in May that it would work with creditors ... one mile — a key measure of airline performance — rose 8.6 percent in June after a 7.3 percent jump in May. The figures show American's ability to raise fares while still ...

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Ocala Funding Files for Bankruptcy Protection in Florida - Bloomberg

07/10/12

From 2002 through August 2009, Lee Farkas, ex-chairman of Taylor Bean, directed the sale of more than $1.5 billion in fake ... Taylor Bean filed for bankruptcy protection on Aug. 24, 2009. Prior to its collapse, the company was servicing more ...

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Cocopah Nurseries, Arizona Palm Grower, Files Bankruptcy - Bloomberg

07/10/12

Sales increased 7.6 percent in May to their highest level since the spring ... according to court papers. Cocopah plans to use the bankruptcy to keep operating while it tries to reorganize, according to court papers. Andy Frokjer, a spokesman ...

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Curt Schilling's game company heads to bankruptcy court - FOX News

07/10/12

It and its Maryland-based affiliate, 38 Studios Baltimore, closed their doors last month and filed for Chapter 7 bankruptcy protection. Schilling has said the collapse of the company has probably cost him his entire baseball fortune.

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Cocopah Nurseries, Arizona Palm Grower, Files Bankruptcy - Bloomberg

07/10/12

Sales increased 7.6 percent in May to their highest level since the spring ... according to court papers. Cocopah plans to use the bankruptcy to keep operating while it tries to reorganize, according to court papers. Andy Frokjer, a spokesman ...

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Patriot Bankruptcy May Leave Peabody Liable - Businessweek

07/10/12

Arch fell 8.4 percent and Peabody 3.7 percent. Patriot has an $802 million loan to finance its operations in bankruptcy and said yesterday it expects mining and customer shipments to continue. The loan arranged through Citigroup Global Markets ...

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ResCap Continues Settlements Over Mortgage Issues - NASDAQ

07/10/12

Later at Tuesday's hearing, the company struck deals with several adversaries over mortgage securities litigation against ResCap affiliates not in bankruptcy and some of its former executives. ResCap asked that the six cases, which involve a ...

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