bankruptcy

Business
5:16 pm
Tue August 20, 2013

Judge OKs Patriot Coal, miners' union deal

A United Mine Worker of America protest in St. Louis on Monday, June 17, 2013.
Credit 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.

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Business
2:42 pm
Tue February 7, 2012

Missouri to prosecute company that falsified documents

Attorney General Chris Koster, who will prosecute the case.
Attorney General's Office

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.

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