The U.S. Supreme Court declined to take up a case that would have challenged financially troubled coal companies’ use of bankruptcy law to end federally mandated payments to the industry’s multiemployer pension plan.
The high court said Monday it won’t hear a dispute arising from the 2018 bankruptcy of Westmoreland Coal Co., which used chapter 11 to sell its coal mines to its creditors. The appeal challenged a strategy used in chapter 11 by Westmoreland and other bankrupt coal companies to end payments assessed under the Coal…
