Ben not gonna make it15 Apr 2024 16:53
Further to the Company's announcement released on 12 April 2024, Bens Creek Group plc (AIM:BEN), the owner of a metallurgical coal mine in North America supplying the steel industry, announces that its wholly owned US subsidiaries, Ben's Creek Operations WV LLC, Ben's Creek Carbon LLC ("BC Carbon") and Ben's Creek Land WV LLC (together, the "Chapter 11 Companies"), have all commenced Chapter 11 cases in the United States of America ("US") Bankruptcy Court for the Southern District of West Virginia (the "Court") and lodged the necessary filings with the Court to commence the Chapter 11 process. A Court hearing is expected to be held this week to consider the commencement of Chapter