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 nation's biggest miners' union and Patriot Coal Co. say they have reached a potential settlement over the severity of wage and benefits cuts a bankruptcy judge had allowed the company to impose.
The United Mine Workers of America isn't publicly revealing details of the deal, pending Friday's scheduled ratification vote by its members. St. Louis-based Patriot also isn't releasing the terms.
Originally published on Tue June 18, 2013 3:34 pm
More than a thousand United Mine Workers of America members were back in St. Louis on Monday, the latest in a series of protests against Peabody Energy and its handling of their retirement and health care benefits.