Blackjewel LLC

An example of the itemized questioning by federal Judge Frank Volk of five group's expenses involved in the Blackjewel bankrutpcy
Prime Clerk

The federal judge overseeing Blackjewel's bankruptcy is disputing the "propriety and necessity" of noticeably high fees from attorneys and professionals.

In a court filing yesterday, Judge Frank Volk questioned restaurant, travel, and lodging expenses from five firms totaling $73,583. That included three law offices, a financial services group, and a research firm. It accounted for about 30 percent of the total expenses racked up by the groups in only four months since Blackjewel filed to reorganize.

Agenda of topics to be discussed in the coming committee
Legislative Service Office

Wyoming's Management Council has started a new, one-year legislative committee in response to the recent spate of bankruptcies in the coal industry. The hope is to produce legislation that puts Wyoming in an improved position in future reorganizations.

Two of Wyoming’s coal mines are changing ownership. Contura Energy has sold Eagle Butte and Belle Ayr coal mines to a private company called Blackjewel LLC.