Birmingham Coal Mining Company Could Face Bankruptcy Talks This Month
Bankruptcy experts predict that Birmingham-based coal company Walter Energy may enter bankruptcy negotiations as soon as this month, after its market value plummeted a stunning 99% over the last four years, a new Bloomberg report states. Despite Walter Energy’s corporate credit rating going up, it wasn’t enough to give shareholders optimism for the company’s future, … Read moreBirmingham Coal Mining Company Could Face Bankruptcy Talks This Month