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During a recent wave of bankruptcies in the U.S. coal sector, Blackjewel LLC and its affiliates emerged as a vehicle for some of the least-wanted assets of larger producers looking to lean operations. The company is now trying to close the book on a bankruptcy reorganization that started in July 2019, causing uncertainty for many of its coal mining permits.
A hearing is scheduled Jan. 15 before the U.S. Bankruptcy Court for the Southern District of West Virginia to confirm the Blackjewel reorganization plan, which includes a request to abandon coal permits ....

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