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Seven bombshells in the Blackjewel bankruptcy

Clark Williams-Derby  |  July 11, 2019

“Coal behemoth Blackjewel, LLC—a name not known widely outside the coal industry, but which until recently stood as one of the largest coal companies in the US by sales volume—imploded in spectacular fashion last week. … Meanwhile, Blackjewel acquired a reputation for not paying its bills, particularly tax bills. … ‘It’s hard to believe again, they only found out about this at the last minute. And I don’t infer from the government’s perspective, there’s not adequate protection for the government going forward. …’” 

Read the full article on: Sightline Institute

 
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