A coal company owned by West Virginia Gov. Jim Justice has been found in contempt by a federal judge for not following an order to pay an insurance company to maintain collateral for financial obligations. The Charleston Gazette-Mail reports that a U.S. district judge found Southern Coal Corp. in civil contempt Monday and granted the insurance company's request to fine Southern Coal $2,500 per day until it complies. The ruling says Southern Coal didn't present evidence to support its argument that it was unable to pay Charleston-based BrickStreet Mutual Insurance Co. over half a million dollars. The order gives Southern Coal seven days to comply before the fine begins.
A coal company owned by West Virginia Gov. Jim Justice has been found in contempt by a federal judge for not following an order to pay an insurance company to
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A coal company owned by West Virginia Gov. Jim Justice has been found in contempt by a federal judge for not following an order to pay an insurance company to maintain collateral for financial obligations. The Charleston Gazette-Mail reports that a U.S. district judge found Southern Coal Corp. in civil contempt Monday and granted the insurance company's request to fine Southern Coal $2,500 per day until it complies. The ruling says Southern Coal didn't present evidence to support its argument that it was unable to pay Charleston-based BrickStreet Mutual Insurance Co. over half a million dollars. The order gives Southern Coal seven days to comply before the fine begins.
A surety firm has asked a federal court to approve liens on Gov. Jim Justice s interests in eight of his companies to satisfy a $8.5 million money judgment. The firm, Western Surety Company, says Justice and his Southern Coal Corp. and Bluestone Resources Inc. immediately defaulted under a forbearance agreement they entered into with Western in April 2023 to resolve prior debt.