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Lowe et al v. Peabody Holding Company, LLC et al
Case Number:
2:12-cv-06925
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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September 27, 2013
Peabody, Arch Dodge Coal Miners' Suit Over Patriot Spinoff
A West Virginia federal judge on Friday dismissed a lawsuit by retired coal miners accusing Peabody Energy Corp. and Arch Coal Inc. of trying to avoid retirement liabilities by spinning off the miners' pension plans to now-bankrupt Patriot Coal Corp., saying the Employee Retirement and Income Securities Act doesn't protect a pension fund's financial stability.
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October 24, 2012
Retired Coal Miners Sue Peabody, Arch Over Patriot Spinoff
Peabody Energy Corp. and Arch Coal Inc. can't avoid their retirement obligations to 10,000 retired workers just because they spun off their pension plans to now-bankrupt Patriot Coal Corp., the United Mine Workers of America alleged in a class action filed Tuesday in West Virginia federal court.