Peabody Energy Corporation Bankruptcy New Filing Alert: Motion For Authority To Obtain Debtor-In-Possession Financing

On April 13, 2016, a motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Peabody Energy Corporation and its affiliates.

The filing was assigned docket number 23 and is described on the court’s official docket as follows:

Chapter 11 First Day Motion Re: / Motion of the Debtors and Debtors in Possession, Pursuant to Sections 105(a), 363 and 364 of the Bankruptcy Code, for Interim and Final Orders (I) Authorizing the Debtors to Maintain, Continue and Renew their Surety Bond Program and (II) Granting Certain Related Relief . Filed by Debtor Peabody Energy Corporation Hearing scheduled 4/14/2016 at 10:00 AM at Bankruptcy Courtroom 5 North. (Cousins, Steven) (Entered: 04/13/2016)

Peabody Energy Corporation filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on April 13, 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 16-42529. The bankruptcy case is currently assigned to United States Bankruptcy Judge Barry Schermer. The law firm of Jones Day LLP is acting as lead bankruptcy counsel to Peabody Energy Corporation in the bankruptcy case.


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