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Simon, Fitzgerald, Cooke, Reed and Welch
Simon Fitzgerald, LLC
Louisiana’s Oldest Bankruptcy Law Firm
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June 2019 Archives

Company says falling coal prices prompted Chapter 11 debt relief

Coal prices plummeted to new lows in Louisiana and elsewhere this past year. A major coal production company in another state says this was the central factor that sparked its financial distress. The company recently announced that it has filed for Chapter 11 debt relief. In light of this announcement, many people have weighed in with opinions that perhaps there is more to the story.

Chapter 7 set approximately one year after AAF was founded

The American Alliance Football league was started in 2018. There are currently eight teams in the league. However, an announcement has been made to let fans in Louisiana and other football enthusiasts know that serious financial problems has prompted the control owner to dissolve the AAF and file for Chapter 7 bankruptcy. 

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