8Th Cir Peabody Must Pay Retired Miners Health Benefits
The Eighth Circuit Court of Appeals ruled that Peabody Energy must continue to pay benefits to 3,100 Patriot Coal retirees after Patriot split from its once-parent company and filed for bankruptcy. The three-judge appellate bankruptcy panel overturned a lower bankruptcy court ruling in favor of Peabody Energy, which held the company no longer was obliged to pay the benefits. That ruling was linked to the bankruptcy of Patriot Coal Corp....