Arch Coal, Inc. Bankruptcy New Filing Alert: Motion For Authority To Obtain Debtor-In-Possession Financing

On January 11, 2016, a motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Arch Coal, Inc. and its affiliates.

The filing was assigned docket number 27 and is described on the court’s official docket as follows:

Motion to Use Cash Collateral Motion for Entry of Interim and Final Orders (i) Authorizing the Debtors (a) to Obtain Postpetition Financing Pursuant to 11 U.S.C. §§ 105, 361, 362, 363(b), 364(c)(1), 364(c)(2), 364(c)(3), 364(d)(1), 364(e) and 507(b) and (b) to Utilize Cash Collateral Pursuant to 11 U.S.C. § 363, (ii) Granting Adequate Protection to Prepetition Secured Creditors Pursuant to 11 U.S.C. §§ 361, 362, 363(c)(2), 364 and 507(b) and (iii) Scheduling a Final Hearing Pursuant to Bankruptcy Rules 4001(b) and (c) Filed by Debtor Arch Coal, Inc. (Attachments: # (1) Exhibit A # (2) Exhibit B) (Walsh, Brian)

Arch Coal, Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on January 11, 2016. The bankruptcy case is pending before the United States Bankruptcy Court for the Eastern District of Missouri . The case number for the lead bankruptcy case is 16-40120. The bankruptcy case is currently assigned to United States Bankruptcy Judge Judge Not Yet Assigned. The law firm of Davis Polk & Wardwell LLP is acting as lead bankruptcy counsel to Arch Coal, Inc. in the bankruptcy case.


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