Wednesday, November 28, 2012

Patriot Coal bankruptcy moved to St. Louis

Patriot Coal bankruptcy moved to St. Louis
By Ken Ward, Charleston Gazette (WV)

Quoting United Mine Workers of America President Cecil Roberts: "St. Louis is where Patriot Coal is headquartered. More important, it’s the headquarters for Peabody Energy and Arch Coal. These two companies spun off their operations to Patriot in an attempt to run away from pension and health care obligations to thousands of miners and their survivors."