Bankruptcy

NPR / WFPL

The U.S. economy shrank by 33% from April to June, the worst quarterly plunge ever.

Yet, in Kentucky, bankruptcy filings actually dropped. 

Pacific Gas & Electric pleaded guilty on Tuesday to 84 separate counts of involuntary manslaughter and one felony count of unlawfully starting a fire in a case stemming from a horrific 2018 blaze that destroyed much of the town of Paradise in Northern California.

PG&E CEO and President Bill Johnson entered the guilty pleas in Butte County Superior Court one at a time as he watched photographs of each of the victims flash on a screen.

Homelessness And Health Costs: This Kentucky Mom Faced Cancer While Living In Her Car

Nov 18, 2019
Mary Meehan / Ohio Valley Resource

Cancer was what finally pushed Kristi Reyes into living in her car.

Sydney Boles / Ohio Valley Resource

  Some coal miners left without pay by the bankruptcy of coal company Blackjewel LLC are protesting by blocking a coal train in eastern Kentucky. 

The stand-off began early Monday when five miners blocked the train from leaving the Cumberland, Kentucky, plant. Despite police asking them to leave, miners spent the night blocking the railroad to protest Blackjewel moving coal while miners have yet to be paid. 

Payless ShoeSource is closing 400 stores across the country including locations in Hopkinsville, Madisonville, Murray and Paducah. 

Rebecca Schimmel | Ohio Valley ReSource

Miners in Kentucky, Ohio, and West Virginia who helped keep the country’s lights on are worried that their retirement benefits could go dark as a result of a wave of bankruptcies in the coal industry. They hope Congress will approve a bill called the Miner’s Protection Act to shore up the pensions and health benefits promised to union miners. 

A coal-mining giant has filed for Chapter 11 bankruptcy protection amid an industrywide slump.

Peabody Energy — which is the biggest coal miner in the U.S. and says it is the largest private-sector coal company in the world — is looking to restructure its heavy debt load and gain relief from its creditors. It hopes to continue operations unimpeded.

The nation's biggest miners' union and Patriot Coal Co. say they have reached a potential settlement over the severity of wage and benefits cuts a bankruptcy judge had allowed the company to impose.

Prospects of a mine workers' strike involving Patriot Coal are intensifying after a bankruptcy judge signed off on the company's push to abandon its labor agreement with the United Mine Workers of America.

Patriot operates two mines in Union and Henderson counties in Kentucky.

Dippin' Dots Resolves Legal Woes

Jan 15, 2013

One of the last remaining pieces in the bankruptcy case of Paducah-based novelty ice cream maker Dippin' Dots has been resolved.

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