Arch Coal Bankruptcy Has Citizens Groups Worried About Cleanup

Arch Coal Inc.’s bankruptcy filing has some citizens groups are worried about its ability to clean up pollution at its Wyoming mines, Daily Bankruptcy Review reports via The Wall Street Journal.

(Daily Bankruptcy Review is a daily newsletter with comprehensive coverage and analysis of emerging and in-progress insolvencies and turnarounds. For a two-week trial, visit http://on.wsj.com/DJBankruptcyNews, scroll to the bottom and click “try for free.”)

A bankruptcy judge approved the reorganization plan for the New York City Opera more than two years after it ran out of money and shut down. WSJ has the DBR article here.

Canada’s big banks aren’t pushing the panic button yet on oil’s price drop, WSJ reports.

Puerto Rico’s electric utility could run out of money this summer if its restructuring plan falls through, the New York Times reports.

Atlantic City, N.J., Senate President Steve Sweeney is calling for either a state takeover or bankruptcy for the beleaguered city, the Associates Press reports.

A judge refuses to free Yellowstone Club founder and ex-billionaire Tim Blixseth from jail, the AP reports.

Write to Melanie Cohen at [email protected]. Follow her on Twitter at @MelanieLisa