Tag: Bankruptcy
Opioid maker to pay $1.6 billion to settle all lawsuits
Mallinckrodt says it is settling all the lawsuits against it as it files for bankruptcy protection.
Boy Scouts of America files for bankruptcy
The Boy Scouts of America has filed for bankruptcy. The youth organization filed a court document in Delaware bankruptcy court Tuesday. The announcement comes as the organization faces hundreds of sexual abuse lawsuits
Newspaper chain McClatchy files for bankruptcy protection
McClatchy, the publisher of the Lexington Herald-Leader and dozens of other newspapers nationwide, is filing for bankruptcy protection.
Leading Kentucky hemp processor files for bankruptcy
GenCanna said Thursday it filed a bankruptcy petition that would allow it to reorganize its debt.
Coal bankruptcy judge asks company to explain attorney costs
A judge is telling a bankrupt coal company to provide more information about over $73,000 in expenses accrued by its attorneys while miners awaited back pay.
States say they’ll keep lawsuits against Purdue on hold
State attorneys general with pending lawsuits against Purdue Pharma are asking for more time to continue negotiating.
Federal grant to help out-of-work coal miners
A grant from the U.S. Department of Labor will be used to help out-of-work coal miners in eastern Kentucky find jobs and receive training.
Purdue Pharma files for bankruptcy as part of settlement
The lawyers for the local governments say the first federal trial on the matter scheduled to start Oct. 21 in Cleveland should still move ahead.
Bankrupt hospital in Pineville sold to regional bank
Bankrupt Pineville Community Healthcare in Bell County has been purchased by First State Bank of the Southeast, according to the Lexington Herald-Leader.
Blackjewel miners in Leslie County to receive donation Thursday
Out-of-work Blackjewel coal miners in Leslie County will receive a financial donation Thursday to help them pay bills.
Kentucky’s Cambrian Coal files for Chapter 11 bankruptcy
Cambrian Coal LLC plans to auction off most of its assets next month, if it gains court approval.
Employees protest outside Pineville Community Hospital
Employees at Pineville Community Hospital protested outside the facility Wednesday as they and the hospital face an uncertain future.
Department of Labor asks court to keep Blackjewel coal in Harlan County
The Department of Labor on Monday asked the bankruptcy court to order the halt of any Blackjewel coal out of Harlan County.
Harlan County store that cashed checks for Blackjewel miners asking for money back
The store says it just wants miners who cashed their checks there to repay the store when they receive a replacement check from Blackjewel.
Kentucky coal company files for bankruptcy
A Lexington-based coal company with mines in Kentucky and West Virginia has filed for Chapter 11 bankruptcy, but says its employees and customers won't be affected.
Priest donates to miners affected by Blackjewel bankruptcy
A priest in Kentucky has given more than $20,000 to miners who are struggling to pay bills after the coal company they work for has filed for bankruptcy protection.
Class action suit seeks wages for miners after coal company bankruptcy filing
A former employee of Blackjewel LLC coal company filed a class action lawsuit on Tuesday, in an effort to recover wages for employees, according to the Lexington Herald-Leader.
State investigating coal company for unpaid wages
According to the state, the Labor Cabinet received complaints that Blackjewel issued paychecks to employees that bounced or could not be cashed.
Kentucky House to vote on pension bill, would cost system $1 billion
The Kentucky Senate has passed a bill that would let some public universities and other agencies leave the state's already struggling pension system, but would cost the system up to $1 billion.
Toys R Us to close or sell all stores in U.S.
Toys R Us is selling or closing all of its stores in the U.S., including in Lexington.
