Patriot Eyes Bankruptcy Emergence Next Month

3 years 7 months 2 weeks ago November 07, 2013 Nov 7, 2013 Thursday, November 07 2013 Thursday, November 07, 2013 1:28:44 PM CST in News
By: The Associated Press

ST. LOUIS - Patriot Coal Corp. says it's still on pace to emerge from bankruptcy by the end of the year now that a judge has given it the go-ahead to send its reorganization plan to creditors for a vote.

The terms approved Wednesday by U.S. Bankruptcy Judge Kathy Surratt-States include a previously announced deal with former Patriot corporate parent Peabody Coal Corp. that settled a drawn-out legal dispute over health care benefits for thousands of Patriot retirees.

It was not immediately clear how soon creditors may vote on the reorganization plan. But Patriot's president and CEO, Bennett Hatfield, called Wednesday's court action an important milestone in the St. Louis-based company's quest to emerge for bankruptcy next month.

Peabody spun off Patriot in 2007, and Patriot filed for Chapter 11 bankruptcy last year.

 

More News

Grid
List
COLUMBIA – Aspen Dental provided veterans with free services in mid-Missouri and across the U.S. Saturday for the Aspen Day... More >>
1 hour ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 2:29:00 PM CDT in News
JEFFERSON CITY, Mo. (AP) — Some GOP state lawmakers want to give the Missouri attorney general authority to prosecute violations... More >>
2 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 1:21:00 PM CDT in News
ST. LOUIS (AP) — A St. Louis judge has pushed back until Jan. 8 the retrial of a man accused... More >>
2 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 12:59:00 PM CDT in News
ST. LOUIS (AP) — St. Louis County police are investigating the case of a toddler who died after the vehicle... More >>
3 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 12:47:00 PM CDT in News
ST. LOUIS (AP) — St. Louis police are searching for a man now accused of killing a couple and another... More >>
3 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 12:42:00 PM CDT in News
CALLAWAY COUNTY - Callaway County Sheriff’s Office deputies responded to an initial 911 call Saturday morning reporting an airplane flying... More >>
4 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 11:43:00 AM CDT in News
JEFFERSON CITY— The Sam B. Cook Healthplex hosted the 5th Annual Sweatin' to Make a Difference on Saturday. The... More >>
4 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 11:40:00 AM CDT in News
COLUMBIA - An early Friday morning shooting has left one man with non-life-threatening injuries. Columbia Police officers responded to... More >>
5 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 10:26:00 AM CDT in News
WASHINGTON (AP) - When the justices take the bench Monday for their final week before a summer hiatus, they are... More >>
7 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 8:18:00 AM CDT in News
BOONVILLE – Residents gathered on Saturday for the 28th Annual Boonville Heritage Days. About 100 members of the community... More >>
11 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 4:38:00 AM CDT in News
COLUMBIA - Police are warning residents about a phone scam. The Columbia Police Department said it has received multiple... More >>
12 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 3:52:00 AM CDT in News
COLUMBIA - MUPD officers gave the "all clear" late Friday night after authorities said they did not find an explosive... More >>
12 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 3:01:00 AM CDT in News
MONITEAU COUNTY - The Moniteau County sheriff denied accusations of the jail being in poor condition following posts on social... More >>
20 hours ago June 23, 2017 Jun 23, 2017 Friday, June 23 2017 Friday, June 23, 2017 7:48:00 PM CDT in Top Stories
JEFFERSON CITY - A Missouri non-profit organization is raising money for veterans in its own unique way, bull riding. ... More >>
20 hours ago June 23, 2017 Jun 23, 2017 Friday, June 23 2017 Friday, June 23, 2017 7:34:00 PM CDT in Top Stories
COLUMBIA- Rep. Chuck Basye, R-Rocheport and Sen. Caleb Rowden, R- Columbia met with dozens of Mid-Missouri parents and children to... More >>
20 hours ago June 23, 2017 Jun 23, 2017 Friday, June 23 2017 Friday, June 23, 2017 7:12:00 PM CDT in Top Stories
COLUMBIA - After residents said they did not want a roundabout, the Columbia Public Works Department has come up with... More >>
20 hours ago June 23, 2017 Jun 23, 2017 Friday, June 23 2017 Friday, June 23, 2017 7:05:00 PM CDT in News
COLUMBIA - More than 200 requests have come in so far in just the twenty-four hours after MU leadership announced... More >>
22 hours ago June 23, 2017 Jun 23, 2017 Friday, June 23 2017 Friday, June 23, 2017 5:13:00 PM CDT in News
COLUMBIA - Pollen is not the only allergen that arrives with the warm summer weather. A specific type of tick... More >>
23 hours ago June 23, 2017 Jun 23, 2017 Friday, June 23 2017 Friday, June 23, 2017 4:36:00 PM CDT in News
Columbia, MO
Broken Clouds 77°
4pm 78°
5pm 78°
6pm 77°
7pm 76°

Select a station to view its upcoming schedule:

Coming Up Next

3:00p
Track & Field
5:00p
Jeopardy!
5:30p
NBC Nightly News with Lester Holt
3:00p
Rookie Blue
4:00p
Rookie Blue
5:00p
Cops Reloaded

Tonight's Schedule

7:00p
Nitro Circus
7:00p
Family Guy
7:30p
Family Guy
8:00p
Bob's Burgers
8:30p
Bob's Burgers
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld