Corsa Coal Gets Green Light For Ch. 11 Financing, Wages

By Hilary Russ · January 8, 2025, 8:40 PM EST

A Pennsylvania bankruptcy judge said on Wednesday that he will approve $10.5 million of interim post-petition financing for Corsa Coal Corp. and sign off on other first-day motions....

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Bankruptcy Scorecard

Summary

A Pennsylvania-based coal mine operator filed for Chapter 11 with up to $50 million in liabilities and with a plan to sell its assets after failing to secure a USDA-backed loan.

Case Number

25-bk-70001

Judge

Jeffery A. Deller

Venue

U.S. Bankruptcy Court for the Western District of Pennsylvania

Capital Structure

Total Liabilities:

$10 million to $50 million in liabilities

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Related Sections

Case Information

Case Title

Wilson Creek Energy, LLC

Case Number

7:25-bk-70001

Court

Pennsylvania Western

Nature of Suit

Date Filed

January 06, 2025

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