8th Circuit BAP Reverses; Holding Company Liable To Patriot Coal's Employees

ST. LOUIS - The U.S. Bankruptcy Appellate Panel (BAP) for the Eighth Circuit on Aug. 21 reversed a bankruptcy court's ruling and held that a holding company that formerly had an employee agreement with bankrupt Patriot Coal Corp. still had liabilities regarding health care provisions for employees (Patriot Coal Corporation v. Peabody Holding Company $(In Re: Patriot Coal Corporation$), No. 13-6031, Chapter 11, 8th Cir. BAP).

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