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Bank suing Justice company eyes properties to satisfy debt | Politics

1st Source Bank, a bank suing one of Gov. Jim Justice s coal companies, Bluestone Resources Inc., for over $4.5 million in what it says are unpaid loans has revealed what properties it s looking to take that it says is collateral securing the loans. The property consists of Caterpillar and Ford construction vehicles and equipment. ....

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Sale terms proposed for Justice company helicopter | Politics

Sale and surrender terms have been proposed in the U.S. District Court for the Western District of Virginia for a helicopter that has belonged to one of Gov. Jim Justice s coal companies. The company, Bluestone Resources Inc., didn t participate in the sale proposal process, according to a joint court filing submitted by the other parties in the case, Caroleng Investments Limited and 1st Source Bank. Caroleng says Bluestone has failed to pay a $13 million judgment against Bluestone in its favor in 2021 and has been trying to seize the helicopter in response. ....

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Justice helicopter: Seizure set for Bluestone Resources rig | Politics

A Virginia federal court has set up seizure of a helicopter belonging to one of Gov. Jim Justice s coal companies, Bluestone Resources Inc., to enforce a $13 million judgment against the firm awarded to British Virgin Islands-based Caroleng Investments Limited. District Judge Robert Ballou provides a week for a joint proposal for sale of the 2009 Bell helicopter. ....

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