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While Kirkland is advising Murray Energy, Davis Polk is representing an ad hoc lender group. The Chapter 11 filing is the latest sign that troubled coal companies continue to bring big business to law firm restructuring teams this year.
October 29, 2019 at 05:20 PM
1 minute read
Kirkland & Ellis and Davis Polk & Wardwell both landed work when the nation’s largest privately held coal miner filed for bankruptcy protection Tuesday. It was the latest sign that troubled coal companies continue to generate significant business for Big Law restructuring teams this year.
Murray Energy Holdings, whose outgoing chief executive has been an ally and adviser to President Donald Trump on energy policies, filed Chapter 11 papers in the Southern District of Ohio.
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