The U.S. Trustee for Regions 3 and 9 disclosed in a court filing that as of Aug. 4, C & A Cutter Head, Inc. and United Central Ind. and Supply Co. LLC are the remaining members of the official committee of unsecured creditors appointed in the Chapter 11 cases of Murray Metallurgical Coal Holdings, LLC and its affiliates.
The committee’s legal counsel has informed the bankruptcy watchdog that Joy Global and IDC Industries, Inc., former members of the committee, have already received full payment on their respective critical vendor agreements and have waived the remainder of their pre-bankruptcy claims.
About Murray Metallurgical Coal Holdings
Murray Metallurgical Coal Holdings and its affiliates are engaged in the mining and production of metallurgical coal. They own and operate two active coal mining complexes and other assets in Alabama and West Virginia.
On Feb. 11, 2020, Murray Metallurgical Coal Holdings and five affiliates each filed a voluntary Chapter 11 petition (Bankr. S.D. Ohio Lead Case No. 20-10390). Murray Metallurgical was estimated to have $100 million to $500 million in assets and liabilities as of the bankruptcy filing.
Judge John E. Hoffman, Jr. oversees the cases.
Debtors have tapped Proskauer Rose LLP as legal counsel, Evercore Group LLC as investment banker, Alvarez & Marsal LLC as financial advisor, Prime Clerk LLC as claims agent, and Hilco Valuation Services LLC as valuation expert.
The U.S. Trustee for Regions 3 and 9 appointed a committee of unsecured creditors on Feb. 25, 2020. The committee has tapped Lowenstein Sandler LLP and Wickens Herzer Panza as its legal counsel, and Berkeley Research Group, LLC as its financial advisor.