White Forest Resources: $21M Partial Sale Leads to Chapter 7
White Forest Resources filed chapter 11 in Delaware on Feb. 7, 2025, carrying ~$79M of debt. The Raven Crest thermal coal mine sold to Eagle Horizon for ~$21M; when the South Fork mine sale collapsed, the debtors converted to chapter 7 on Aug. 25, 2025—roughly 200 days after filing.