Miners have been loudly protesting at the base of Peabody’s downtown headquarters for months, after spin-off Patriot Coal filed for bankruptcy and put retiree health benefits in question.
Legal action sought to preserve benefits for bankrupt Patriot Coal’s active and retired miners.
Friday’s vote total was 85% in favor, 15% opposed.
They lost in bankruptcy court, but thousands of union miners were back in St. Louis, holding a boisterous rally outside of Peabody Energy.
ST. LOUIS–(KMOX)–For the seventh time this year, thousands of United Mine Workers rally outside Peabody Energy, accusing the coal company of loading much of its union contract obligations onto a spinoff company — Patriot Coal […]
The legal tussle being argued this week may be the most-contentious issue tied to Patriot’s Chapter 11 bankruptcy.
Hundreds gathered to plant 1,000 white crosses in Kiener Plaza to honor the memory of those who died at coal mines operated.
A crowd of about a thousand United Mine Workers of America marched outside the federal courthouse in St. Louis, where the Patriot Coal bankruptcy case is being heard.
Peabody Energy has denied it created Patriot Coal to fail, claiming the company had a “dream team” of management.
Securities and Exchange Commission served Peabody with a subpoena last month requesting information and documents related to the Prairie State project.