Pa. Coal Co. Auction Gets 2-Week Pause After Value Spike

By P.J. D'Annunzio · March 12, 2025, 6:36 PM EDT

A Pennsylvania bankruptcy judge has agreed to allow a pause in the auction of bankrupt Corsa Coal Corp.'s assets after hearing from lawyers in the Chapter 11 case that the machinery,...

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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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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