Patriot Coal's Remaining 1st-Day Motions Granted In Ch. 11

Law360, New York (July 16, 2012, 3:31 PM EDT) -- An attorney for Patriot Coal Corp. on Monday described a company that buckled under climbing labor costs as coal demand and prices dropped, with a New York bankruptcy judge approving several motions carried over from the first-day hearing in the debtor's Chapter 11 case.

U.S. Bankruptcy Judge Shelley C. Chapman, in her first hearing in the case since Patriot's July 9 bankruptcy filing and first-day hearing before Judge Allan L. Gropper the following day, approved nine of the debtor's requests, including measures that will allow it...
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