The coal producer and several affiliates filed for bankruptcy protection.
- Co. listed debt of as much as $1b and assets of as much as $500m in Ch. 11 documents filed Monday in U.S. Bankruptcy Court in West Virginia
- Affiliates Blackjewel Holdings LLC, Revelation Energy LLC, Revelation Energy Holdings LLC and Revelation Management Corp., also sought protection
- Co. is seeking permission to pay prepetition wages and benefits, claims of critical vendors, among others at its first-day hearing on July 1
- Squire Patton Boggs is serving as legal adviser to Blackjewel, FTI Consulting has been retained as financial adviser and Jefferies LLC ...