Murray Energy Ch. 11 Plan Now Has Sufficient Information
Law360 (April 20, 2020, 10:39 PM EDT) -- Bankrupt coal producer Murray Energy Corp. on Monday answered objections that its proposed Chapter 11 plan disclosures offered inadequate information, telling an Ohio bankruptcy judge it has provided sufficient data on a plan that will be able to pass legal muster.
In an omnibus answer to multiple objections filed to its plan disclosures, Murray said the disclosure has "clear, accurate, fair and voluminous information" on the proposed plan and is more than adequate to be sent to the company's creditors for a vote.
"No objecting party asserts a colorable argument that the plan is 'patently unconfirmable,'" it said.
Murray Energy filed for bankruptcy protection in late...
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