coal company bankruptcy

Colorado-based Westmoreland Coal Co. on October 9 said it had filed for Chapter 11 bankruptcy, with the company reporting more than $1.4 billion in debt. The company in its annual financial report in April of this year said it was considering bankruptcy in an effort to protect it from creditors. Westmoreland, which has operated for […]

The post Nation’s Oldest Independent Coal Producer Files Bankruptcy appeared first on POWER Magazine.