They are trying it North Carolina against the miners:
Patriot Coal was created by Peabody Energy in 2007 with the specific purpose of allowing Peabody Energy and Arch Coal to shed its long-term health care obligations to its retirees and their families. Saddled with too much debt and too little production to keep pace with its debt load, Patriot is seeking to reorganize under Chapter 11 bankruptcy.The miners are responding by the thousands.
The UMWA is fighting back every step of the way. The real culprits in this scheme, Peabody Energy and Arch Coal, have made hundreds of millions the last few years while Patriot has lost millions. We are working to make Peabody and Arch accept their share of the obligations to those who literally put their lives and their health on the line every day they go to work.
I hope they give them hell. This insatiable corrupt greed has to stop.
This sounds like a company Governor Walker will invite to mine in Wisconsin.
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