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DIP Lenders Sue Allegiance Coal Over $1.8M In Unpaid Fees

By Emlyn Cameron (February 15, 2024, 6:15 PM EST) -- Debtor-in-possession lenders of bankrupt mining operation Allegiance Coal USA Ltd. have filed a Chapter 11 adversary suit in Delaware, saying the company has not paid them $1.8 million in fees owed under a court-approved DIP loan order....

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