A federal judge has approved the sale of a helicopter surrendered by one of Gov. Jim Justice s coal companies to an Indian construction technology firm. The sale follows the Justice company, Bluestone Resources Inc., failing to pay a $13 million judgment awarded to Caroleng Investments Limited in a coal production-related dispute.
A proposal for the sale of a helicopter surrendered by one of Gov. Jim Justice s coal companies amid debt stemming from a $13 million federal court judgment has been proposed. India-based B G Shirke Construction Technology Pvt., is poised to buy the chopper for $1.4 million.
A federal court dismissed an appeal from one of Gov. Jim Justice s coal companies of a six-figure judgment against it in favor of a South Charleston workers’ compensation and employers’ liability insurance provider. Southern Coal had failed to satisfy obligations under a 2015 contract with the provider, BrickStreet Mutual Insurance Co., a federal judge found.
A helicopter that had belonged to one of Gov. Jim Justice s coal companies has been listed publicly for sale. A judge had ordered the company, Bluestone Resources Inc., to surrender the helicopter after the company failed to pay a $13 million judgment against it owed to Caroleng Investments Limited, a British Virgin Islands firm.
Gov. Jim Justice s words and actions don t match as his personal and business financial woes mount. Justice downplayed his business empire s troubles at his latest press briefing, but many of his key business assets are saddled with debt and in peril.