The court extended the PCC Liquidating Trust through October 26, 2026, preserving the post-confirmation vehicle before it expired on the tenth anniversary of Patriot Coal’s October 26, 2015 plan effective date. The Sixth Motion said claims administration and other asset-recovery work were substantially complete after roughly 2,870 proofs of claim asserting about $148 billion were reviewed, but the trust still needed time to resolve the West Virginia Tax Litigation, its primary remaining recovery asset, after an October 2021 trial with no ruling yet from the Missouri bankruptcy court.
The trust initially sought authority to amend the trust agreement because an IRS private letter ruling had not arrived after a May 9, 2025 expedited request. A later supplement reported that the IRS issued the ruling on October 7, confirming extensions through October 26, 2028 would not impair federal tax status, so the trust narrowed the requested relief to a one-year term extension. No objections were filed, and the court entered the extension order without a contested hearing.
