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Surety Firms Lose Bid To Block Fees In Cloud Peak Ch. 11

By Rick Archer ( June 1, 2020, 9:07 PM EDT) -- A Delaware bankruptcy judge on Monday approved a request by coal mining company Cloud Peak Energy to pay $26 million in fees to its Chapter 11 professionals over objections by insurers insisting $280 million in surety bond claims should get equal priority. . . .

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