Walter Energy, Inc. Bankruptcy New Filing Alert: Objection To The Motion For Authority To Sell Assets Of The Estates Pursuant To Section 363 Of The Bankruptcy Code

On November 17, 2015, an objection to the motion for authority to sell assets of the estates pursuant to section 363 of the Bankruptcy Code was filed in the bankruptcy case of Walter Energy, Inc. and its affiliates.

The filing was assigned docket number 1055 and is described on the court’s official docket as follows:

Objection to (related document(s): [993] Motion to Sell Property Free and Clear of Liens under Section 363(f) Debtors Motion for (A) an Order (I) Establishing Bidding Procedures for the Sale(s) of All, or Substantially All, of the Debtors Assets; (II) Approving Bid Protections; (III) Esta filed by Debtor Walter Energy, Inc., et al.) Filed by Creditor Committee UMWA 1974 Pension Plan and Trust, Creditors UMWA Health and Retirement Funds, United Mine Workers of America 1974 Pension Plan and Trust and its Trustees, United Mine Workers of America 1992 Benefit Plan and its Trustees, United Mine Workers of America 1993 Pension Plan and Trust and its Trustees, United Mine Workers of America 2012 Retiree Bonus Account Trust and its Trustees, United Mine Workers of America Cash Deferred Savings Trust of 1988 and its Trustees, United Mine Workers of America Combined Benefit Fund and its Trustees (Davies, George)

Walter Energy, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on July 15, 2015. The bankruptcy case is pending before the United States Bankruptcy Court for the Northern District of Alabama . The case number for the lead bankruptcy case is 15-02741. The bankruptcy case is currently assigned to United States Bankruptcy Judge Tamara Mitchell. The law firm of Paul, Weiss, Rifkind, Wharton & Garrison LLP is acting as lead bankruptcy counsel to Walter Energy, Inc. in the bankruptcy case.

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