Judge Rules in Favor of Patriot Coal
ST. LOUIS (KMOX) – Months of protests by United Mine Workers of America did not pay-off for those workers.
Patriot Coal got the go ahead to cut health care and pension benefits to thousands of workers and retirees Wednesday.
A U.S. Bankruptcy Judge approved Patriot’s request to throw out its collective bargaining agreement with the United Mine Workers of America.
Patriot, a Peabody Energy Corporation spin-off, sought bankruptcy protection last summer saying it would have to spend 1.6 billion dollars to cover the health care costs.
Neither the union or the company has commented on the judge’s decision.