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Blackjewel Files Chapter 11, Leaving 1,700 Miners Unpaid; DOL Hot Goods Injunction Triggers Coal Crisis

Blackjewel filed chapter 11 July 2019 after Riverstone refused to extend a $34M term loan, leaving 1,700 miners unpaid. A DOL hot goods injunction froze coal in transit. The case resolved through 363 sales to Contura and Eagle Specialty Materials and a liquidating plan confirmed March 2021.

FreefallEnergy & natural resources

Week of May 4, 2026

Lucky Bucks: Prepackaged Chapter 11, Holdings Converted to Chapter 7

Ittella International / Tattooed Chef: Multi-Buyer 363 Sale and Liquidating Plan

Patriot Coal: Second Chapter 11 and 363 Sale to Blackhawk Mining

Blackjewel Files Chapter 11, Leaving 1,700 Miners Unpaid; DOL Hot Goods Injunction Triggers Coal Crisis

Cirque du Soleil: First Lien Lenders Acquire Via $1.09B Credit Bid in CCAA Sale, Case Winds Down After Five Years

McClatchy: Pension Distress Termination, Chatham 363 Sale, and End of Family Control

Raízen Files Chapter 15 to Backstop R$98 Billion Brazilian Out-of-Court Workout

Extended Stay: LBO Collapse and Centerbridge-Paulson-Blackstone Sale

Senior Care Centers: Texas Skilled Nursing Chapter 11 Freefall

PG&E Corporation: Wildfire Chapter 11 and $13.5B Fire Victim Trust

New England Motor Freight: Letter of Credit Cascade and Dual-Pool Liquidating Plan

PES Holdings: Refinery Explosion, Hilco Sale, and $200M Insurance Recovery