Coal Company Seeks To Set Up Trust To Limit Costs of Retiree Health Benefits

The Wall Street Journal: Patriot Coal Seeks Trust To Limit Retiree Health Costs
Patriot Coal Corp., currently under Chapter 11 bankruptcy protection, is seeking to limit its obligation to provide retiree health benefits to 22,000 active miners, retirees and their spouses and set up an outside trust to fund future benefits, according to documents filed in federal court Monday (Maher, 1/28).

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