10th Circ. Affirms Mining Co. Creditors Violated Stay

Law360, New York (November 9, 2010, 6:25 PM EST) -- An appeals court has shot down a bid by two C.W. Mining Co. creditors to overturn a contempt order, issued over their intentional violation of an automatic stay in the mining company's involuntary bankruptcy case.

The U.S. Court of Appeals for the Tenth Circuit in a decision issued Monday was unswayed by arguments from Standard Industries Inc. and C.O.P. Coal Development Co. that the bankruptcy court's entry of the contempt order in 2008 denied them due process because it was issued without a hearing.

The three-judge...
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