The U.S. atramentous industry may be agog on some of the Trump administration’s affairs for ecology regulation, but with atramentous consumption continuing its accelerated decline, three contempo atramentous aggregation bankruptcies accept created a scattering of Big Law creditors.
A half-dozen law firms are owed about $2.1 actor in acknowledged fees from Westmoreland Atramentous Co., Mission Atramentous Co. LLC and Tonawanda Coke Corp., according to cloister filings in Chapter 11 cases filed by all three debtors this month.
Englewood, Colorado-based Westmoreland, one of the oldest atramentous companies in the country, became the fourth above U.S. atramentous aggregation to book for bankruptcy in contempo years back it began Chapter 11 affairs in Houston on Oct. 9. According to a account of Westmoreland’s 50 better apart creditors, the debtor owes $79,831 to Holland & Hart; $76,812 to Charleston, West Virginia-based Bowles Rice; and $63,751 to Denver-based Davis Graham & Stubbs.
Westmoreland paid $70,000 through the additional division of this year to Holland & Hart to adviser carbon abduction legislation and added federal ecology issues affecting the atramentous industry, according to lobbying annal on file with the U.S. Senate.
Kirkland & Ellis partners James Sprayregen, Michael Slade and Gregory Pesce in Chicago, Stephen Hessler and Edward Sassower in New York and Anna Rotman in Houston accept teamed up with Jackson Walker partners Patricia Tomasco and Matthew Cavenaugh in Houston to admonish Westmoreland in its Chapter 11 case, although neither close has yet filed announcement statements with the defalcation court. Jones Day is acting as alfresco admonition to the conflicts lath of Westmoreland’s lath of directors, according to a account by the company, whose arch authoritative and acknowledged administrator is Jennifer Swanson Grafton.
On Oct. 14, afterwards beneath than a year in business, Kingsport, Tennessee-based Mission Atramentous began its own restructuring affairs in a defalcation cloister in Birmingham, Alabama. A account of Mission Coal’s 50 better apart creditors shows that the aggregation owes $1.01 actor to White & Case; $562,915.98 to Steptoe & Johnson PLLC (a West Virginia-based close abstracted from the Am Law 100 shop of the aforementioned name); and $261,207.55 to Bradley Arant Boult Cummings.
Mission Atramentous additionally lists 10 action claims involving disputes with litigants represented by Ogletree, Deakins, Nash, Smoak & Stewart; Birmingham’s Richard Wyatt; Delaware’s Young Conaway Stargatt & Taylor; civic claimed abrasion close Heninger Garrison Davis; and three West Virginia-based firms: Hamilton, Burgess, Young & Pollard; Hendrickson & Long; and The Masters Law Firm.
The company, which owns Pinnacle Mining’s operations in West Virginia, is actuality represented in defalcation cloister by Kirkland’s Hessler and adolescent restructuring accomplice Brad Weiland in Chicago. Birmingham-based Christian & Small is additionally counseling Mission Coal, whose accepted admonition is above Jones Day advocate Gary Broadbent. Neither close has yet filed announcement statements with the defalcation court.
Tonawanda Coke, based in the burghal of the aforementioned name aloof arctic of Buffalo, New York, filed for defalcation on Oct. 15 in the city. The company, brash by Garry Graber, baton of the bankruptcy, restructuring and bartering action convenance at arch bounded close Hodgson Russ, cited debts and obligations incurred as a aftereffect of accessible bloom and assurance issues it faces a Buffalo as the acumen for its insolvency. Hodgson Russ has not yet filed announcement statements with the defalcation court.
Bluefield, West Virginia-based Schagrin Associates, an all-embracing barter and lobbying accouterments controlled by above Thompson Hine advocate Roger Schagrin, is listed as actuality owed $37,500 from Tonawanda Coke, according to a account of the company’s 20 better apart creditors. In September, federal prosecutors in Buffalo asked a U.S. commune cloister adjudicator to shut bottomward a Tonawanda Coke facility over declared ecology violations.
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