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Two Pa. coal companies file for Chapter 11


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Two Pa. coal companies file for Chapter 11

Two small Pennsylvania coal companies filed for Chapter 11 protection from creditors Dec. 22 in the U.S. Bankruptcy Court for the Western District of Pennsylvania.

C&D Coal Co. LLC, which operates the Kingston West bituminous coal mine in Westmoreland County, has estimated liabilities between $10 million and $50 million, according to the filing. Its debts include $300,000 to the IRS and nearly $15,000 to the U.S. Mine Safety and Health Administration. Its assets are estimated between $10 million and $50 million.

The mine produced 125,869 tons of coal at its peak in 2014, according to MSHA records, but just 21,371 tons in 2016. It incurred more than $20,000 in penalties for safety violations in 2015 while producing 86,518 tons of coal.

An affiliated company, Derry Coal Co. LLC, estimated its assets and liabilities at between $1 million and $10 million each in its filing.