Cloud Peak Energy Inc.

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Case overview

Case Number:

1:19-bk-11047

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

November 08, 2024
Under The Radar: Bankruptcy News You May Have Missed

The U.S. Trustee's Office took aim at the U.S. ties and motivations of a bankrupt defense contractor in Abu Dhabi, creditors of Eletson Holdings said they were still skeptical of Reed Smith LLP's work in the company's contentious Chapter 11 case and a Navajo Nation-owned energy company argued that a reorganized coal miner is trying to use a typo to boost royalty payments.
June 01, 2020
Surety Firms Lose Bid To Block Fees In Cloud Peak Ch. 11

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.
March 02, 2020
Surety Firms Take Aim At Fees In Cloud Peak's Ch. 11

A group of insurance companies told the Delaware bankruptcy court Monday that $26 million in professional fees in the Chapter 11 of coal mining company Cloud Peak Energy Inc. should not be paid until $280 million in administrative expense claims associated with their surety reclamation bonds are satisfied.
December 05, 2019
Cloud Peak's Ch. 11 Plan Confirmed With Release Changes

The Chapter 11 plan of coal mining company Cloud Peak Energy Inc. received court approval Thursday in Delaware after third-party releases that could be given without shareholders' consent were eliminated from the plan.
November 26, 2019
Cloud Peak Energy's Ch. 11 Releases Face SEC Pushback

The U.S. Securities and Exchange Commission told a Delaware bankruptcy court Tuesday that Cloud Peak Energy Inc.'s Chapter 11 plan should eliminate or revise certain provisions that would release certain parties from liability for past conduct.
August 19, 2019
Cloud Peak Energy's $15.7M Ch. 11 Sale Gets OK

A Delaware bankruptcy judge gave his nod Monday for the $15.7 million Chapter 11 sale of most of Cloud Peak Energy Inc.'s assets, after a two-day auction last week led to a deal that also includes the assumption of more than $100 million of the bankrupt coal company's liabilities.
July 18, 2019
Cloud Peak Gets $35M Ch. 11 DIP Nod, Nixes Wyo. Tax Lien

Bankrupt coal company Cloud Peak Energy secured tentative access to the balance of a $35 million debtor-in-possession loan Thursday after a Delaware bankruptcy judge rejected priority status for a more than $8 million Wyoming county tax debt.
July 09, 2019
Cloud Peak Investors Push For Ch. 11 Equity Committee

More than 100 shareholders of coal mining enterprise Cloud Peak have contributed to a letter-writing campaign imploring a Delaware bankruptcy judge to appoint a committee of equity security holders and saying the debtor had undervalued its assets to the detriment of investors.
June 12, 2019
Cloud Peak Energy Stretches Out Ch. 11 Sale Schedule

Bankrupt coal mining venture Cloud Peak Energy Inc. secured Delaware bankruptcy court approval Wednesday for revised bid procedures, pushing key dates out two weeks or more and allowing more time for efforts to market the Wyoming-based business.