bankruptcy

Judge OKs Patriot Coal, miners' union deal

Aug 20, 2013
Rachel Lippmann / St. Louis Public Radio

Patriot Coal Corp. has a bankruptcy judge's go-ahead to enter into a new labor agreement with the nation's biggest miners' union, ending a long, acrimonious dispute.

U.S. Bankruptcy Judge Kathy Surratt-States on Tuesday granted St. Louis-based Patriot's request to put in place the collective bargaining deal ratified Friday by the United Mine Workers of America.

The settlement restores most wage cuts that Patriot had sought as part of its reorganization. Pension benefits for thousands of retirees are maintained, and active employees will continue earning pension credit.

National Weather Service

The state of Missouri has filed criminal charges against a shuttered Georgia company accused of using fake signatures on phony foreclosure documents.

A Boone County grand jury on Friday issued a 136-count criminal indictment alleging forgery against DocX and its former president, Lorraine Brown. The company closed in 2010 amid criticism of mortgage companies signing legal documents not reviewed by its employees in a practice called robo-signing.