trending Market Intelligence /marketintelligence/en/news-insights/trending/aL3FypDOljMe_z8Kn8oZ5w2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Arch wins approval for disclosure statement, looks to conclude restructuring

Q2: U.S. Solar and Wind Power by the Numbers

Essential Energy Insights - September 17, 2020

Essential Energy Insights September 2020

Rate case activity slips, COVID-19 proceedings remain at the forefront in August

Arch wins approval for disclosure statement, looks to conclude restructuring

TheU.S. Bankruptcy Court for the Eastern District of Missouri has approvedArch Coal Inc.'sdisclosure statement, clearing the way for the company to seek final clearancefor its bankruptcy reorganization plan.

"Withthe court's approval of our disclosure statement, a consensual proposed plan ofreorganization in place and a plan confirmation hearing scheduled, Arch hasestablished a clear path for emerging from this restructuring process as astrong, well-positioned competitor," Arch Chairman and CEO John Eaves saidin a July 8 news release.

Theapproval comes roughly six months after Arch initially filed for Chapter 11protection and one day after coal producer Alpha Natural Resources Inc. that its reorganization planhad been approved.

Archreiterated its intention to continue operations without pause during itsrestructuring. "As we move forward, we will continue oursharp focus on operational excellence while maintaining an unwaveringcommitment to mine safety and environmental stewardship," the company said.

Theapproval of Arch's disclosure statement comes after the company a global settlement toresolve disputes over its reorganization plan with senior secured lenders andthe committee of unsecured creditors.

Archwill now begin soliciting votes for the plan from eligible stakeholders, with avoting deadline of Aug. 31. A court hearing is scheduled for Sept. 13 toconsider Arch's reorganization plan.