CHARLESTON, WV. (WYMT) - Kentucky's Labor Cabinet filed paperwork in bankruptcy court in Charleston, West Virginia on Oct. 17 to allow them to pursue money owed to the state. <\/p>\n
The largest of the two fines asks Blackjewel to pay $705,000.<\/p>\n
When Blackjewel filed for Bankruptcy on July 1, an automatic stay immediately kicked in. <\/p>\n
An automatic stay stops almost all civil lawsuits filed, including those from government agencies like Kentucky's Labor Cabinet. <\/p>\n
What the cabinet has filed for is a motion to modify the automatic stay, attempting to make Blackjewel pay the fine in accordance with the Kentucky Revised Statute. <\/p>\n
The statute reads that \"Any firm, individual, partnership, or corporation that violates KRS 337.020 shall be assessed a civil penalty of not less than one hundred dollars ($100) nor more than one thousand dollars ($1,000),\" and goes on to add that each is considered a separate offense. <\/p>\n
The state cannot collect the fine from Blackjewel as long as the automatic stay is in place since it is a \"civil penalty.\"<\/p>\n
The document reads that the company employed 705 people to operate mines in Kentucky, which is where the state got the amount of $705,000.<\/p>\n
The Commonwealth has filed various suits since July against Blackjewel, including the failure to \"furnish a performance bond\" in the amount of $366,500. <\/p>\n
Tuesday afternoon a judge responded to the motion saying that \"good faith\" negotiations had begun taking place between the two parties.<\/p>\n
The hearing for the motion would have been Wednesday at 2:00 p.m., but it has since been moved to November 13 to allow negotiations to continue. <\/p>\n
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See the original post here: <\/p>\n
Bankruptcy helps Blackjewel avoid paying $1-million to Kentucky, Labor Cabinet filed to change that - WYMT News<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" CHARLESTON, WV. Continue reading