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U.S. Coal Company Files for Bankruptcy

May 31, 2019

Cloud Peak Energy, one of the United States’ coal giants, filed for Chapter 11 bankruptcy after quarterly financial filings revealed major losses in the first quarter. However, after this news was made public, financial analysts revealed the energy company has been sliding into insolvency for years. Weak coal markets, costly operating expenses, and volatile export prices are just a few of the factors leading to the company’s financial struggles.

 

Cloud Peak Energy Voluntarily Files For Bankruptcy​

 

Curran Antonelli represents a broad range of businesses and corporate entities, private equity funds, as well as governmental agencies and other interested parties in all phases of the bankruptcy process and in bankruptcy related transactions and litigation.  As advocates and trusted business advisors, our well-established foundation of knowledge and understanding of our clients’ business interests, enables our attorneys to deliver unparalleled individualized attention to our clients of all sizes with their litigation and corporate transactional needs.

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