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Patriot Coal Can Subpoena Docs For Peabody Spinoff Probe

Law360, New York (May 24, 2013, 2:48 PM EDT) -- A Missouri bankruptcy judge on Wednesday gave Patriot Coal Corp. the green light to subpoena documents from Morgan Stanley and Duff & Phelps Corp. to further its investigation into Peabody Energy Corp.'s allegedly unfair spinoff of Patriot Coal in 2007.

Judge Kathy A. Surratt-States issued Patriot Coal a pair of stipulated orders allowing it to issue subpoenas compelling the companies to hand over certain documents. The companies are in the middle of a battle between bankrupt Patriot Coal and its former parent over whether the spinoff...
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