Pa. Coal Co. Hits Ch. 11 With Up To $50M In Debt, Sale Plans

By Clara Geoghegan · January 6, 2025, 11:30 AM EST

Corsa Coal Corp., which operates coal mines in Pennsylvania and Maryland, filed for bankruptcy Monday saying it planned to sell itself in Chapter 11 after it wasn't able to secure a...

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Bankruptcy Scorecard

Summary

A Pennsylvania-based coal mine operator filed for Chapter 11 with up to $50 million in liabilities and with a plan to sell its assets after failing to secure a USDA-backed loan.

Case Number

25-bk-70001

Judge

Jeffery A. Deller

Venue

U.S. Bankruptcy Court for the Western District of Pennsylvania

Capital Structure

Total Liabilities:

$10 million to $50 million in liabilities

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Documents

Petition