Coal company owned by West Virginia Gov. Jim Justice is found in contempt
Source: ABC News/AP
February 27, 2024, 12:53 PM
CHARLESTON, W.Va. -- A coal company owned by West Virginia Gov. Jim Justice has been found in contempt by a federal judge for not following an order to pay an insurance company to maintain collateral for financial obligations.
U.S. District Judge Elizabeth Dillon found Southern Coal Corp. in civil contempt Monday and granted the insurance company's request to fine it $2,500 per day until it complies with the order, the Charleston Gazette-Mail reported.
The ruling dismissed Southern Coals argument that it was unable to comply with the order for payment, issued five months ago, because it isn't actively mining coal and has no income.
That September order said Southern Coal failed to satisfy contractual obligations and must pay Charleston-based BrickStreet Mutual Insurance Co. $503,985 to maintain collateral for financial obligations, along with attorney fees. BrickStreet provides workers' compensation and employers' liability insurance.
Read more: https://abcnews.go.com/Business/wireStory/coal-company-owned-west-virginia-gov-jim-justice-107598866
mopinko
(70,235 posts)mpcamb
(2,878 posts)Polybius
(15,489 posts)Only Manchin has a chance, and he's retiring.
mopinko
(70,235 posts)soooo much low hanging fruit there.
Polybius
(15,489 posts)But no real Democrat can win there.
mopinko
(70,235 posts)Polybius
(15,489 posts)Arguing about something that hasn't happened yet is silly, so what I like to do is bookmark and come back after the election to see who was right.
et tu
(911 posts)but will enough w.va. vote for a real democrat? my sense is no, not until
there is enough green power and industry in the state to give up coal and
the horrid rw party~
Staph
(6,253 posts)It probably won't make a difference in 2024, but the future is looking brighter.
et tu
(911 posts)it's such a beautiful state but held back by rw grifters and some dinos~