In re Lady H Coal Co., Inc.
United States Bankruptcy Court for the Southern District of West Virginia
193 B.R. 233 (1996)
- Written by Ryan Hill, JD
Facts
Lady H Coal, Co., Inc. (Lady H) (debtor) was a coal-mining company that filed for reorganization under chapter 11 of the bankruptcy code. The majority of Lady H’s employees were unionized and covered by a collective bargaining agreement (CBA). Lady H hired a professional broker to sell its operations. Lady H failed to notify the union about the broker. During the sale process, Lady H and the broker made little effort to find a potential buyer who would assume the CBA. Lady H found a potential buyer in A.T. Massey Company, Inc. (Massey). Lady H and the broker failed to encourage Massey to bargain with the union or to promote the possibility of Massey assuming the CBA. Lady H entered into a letter of intent with Massey to complete the sale, and the terms did not require Massey to assume the CBA. Lady H the approached the union to modify the CBA. The union rejected Lady H’s proposal. Lady H filed a reorganization plan based on the sale to Massey and requested that the court approve the rejection of the CBA.
Rule of Law
Issue
Holding and Reasoning (Pearson, J.)
What to do next…
Here's why 804,000 law students have relied on our case briefs:
- Written by law professors and practitioners, not other law students. 46,300 briefs, keyed to 988 casebooks. Top-notch customer support.
- The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
- Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
- Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.