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Murray Energy ‘exhausted’ alternatives, joins coal peers in bankruptcy filing

Source: S&P Global Market Intelligence October 30, 2019 Despite its efforts to avoid what its founder once called the “bankruptcy sewer,” Murray Energy Corp.’s parent Murray Energy Holdings Co. followed the path blazed by many of its peers with an Oct. 29 petition for a Chapter 11 bankruptcy reorganization. The largest privately-held coal producer in the U.S. recorded $542.3 […]

Robert Murray out as his company files for bankruptcy

Source: E&E News October 30, 2019 Murray Energy Corp., the largest private coal firm in the country, helmed by an outspoken supporter of President Trump, has filed for federal bankruptcy protection after months of financial trouble in the fraying coal sector. Robert Murray, who Trump has affectionately called his coal “guy,” will step down as […]

Union Plus Restaurant Discounts

Source: Union Plus     Delicious Discounts Your Union Family Deserves Whether it’s date night or a fun family night out, enjoy delicious, union family discounts at these restaurants and many more: IHOP Macaroni Grill Maggiano’s Lebanese Taverna Carrabba’s Italian Grill Bonefish Grill Johnny Rockets Little Caesars Chili’s AppleBee’s Ghirardelli Chocolate Habana Village Jerry’s Subs […]

Murray Energy Holdings Co. Enters Into Restructuring Support Agreement with Members of Ad Hoc Lender Group And Files Chapter 11 To Access $350 Million In New Money DIP Financing

FOR IMMEDIATE RELEASE October 29, 2019 CONTACT: On October 29, 2019, Murray Energy Holdings Co. (“Murray Energy” or the “Company”) announced that Murray Energy and certain of its subsidiaries entered into a Restructuring Support Agreement (the “RSA”) with an ad hoc lender group (the “Ad Hoc Lender Group”) holding more than 60% of the approximately […]

Murray Energy declares bankruptcy, shifts founder Bob Murray to board chairman role

Source: WV MetroNews October 29, 2019 CHARLESTON, W.Va. — Murray Energy, an economic and political powerhouse in West Virginia, has declared bankruptcy. Under a reorganization proposal, Robert Moore would become president and chief executive of the newly-formed Murray NewCo. Moore has already been executive vice president, chief operating officer and chief financial officer at the company.With the […]

Letter to Pelosi – Calling for Action

On October 23, 2019, after the House Committee on Natural Resources passed H.R. 935 (The Miners Pension Protection Act), the original co-sponsors of that legislation wrote to Speaker Pelosi urging her to bring the bill to the House floor as quickly as possible to secure the pensions of over 100,000 active and retired miners.   […]

The Coal King is racing to avoid bankruptcy

Source: CNN Business October 11, 2019   Robert Murray, the king of the coal industry and a forceful supporter of President Donald Trump, is fighting to save his mining empire from financial collapse. Murray Energy, America’s largest private coal miner, recently failed to make payments to lenders. The company entered into a forbearance agreement that buys it time […]

Union Plus: AT&T Discounts

Source: Union Plus     Why Should Union Members Choose AT&T?   Exclusive Wireless Discounts Stack AT&T’s special offers with union-exclusive savings like up to $45 waived activation and upgrade fees1 — plus 20% off select accessories from AT&T and 15% off the monthly service charge of Mobile Share plans.   Network Reliability AT&T is ranked […]

Rethinking Retraining: Why Worker Training Programs Alone Won’t Save Coal Country

Source: Ohio Valley Resource October 4, 2019 Bobby Bowman mined coal in West Virginia for 12 years before his employer shut down. “I don’t think that mine will ever open again,” he said. Bowman lives in Welch, in the south of the state, where he worked at the Pinnacle Mine, which shut down almost exactly […]

October 1, 2019 Letter to the Navajo Nation

International Representative, Justin Tsosie, sent a letter to the brother and sisters of the Navajo Nation on October 1, 2019, to update them on recent events concerning the Nation and call them to action to protect all of our rights! To read the full letter click here. If you have any questions about the letter […]

Cecil Roberts: Shutting down coal will not solve climate change (Opinion)

Source: The Charleston Gazette-Mail In a speech at the National Press Club on Sept. 4, I made the statement that there were 1,600 coal plants being built around the world. Those who were at the speech or who registered to watch it online were provided my prepared remarks, which noted that the 1,600 figure was […]

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