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Walter Energy Termination Upheld

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The U.S. District Court entered a reaffirmation of valid termination of retirement benefits, pursuant to Section 1114, and ruling that the District Court lacks jurisdiction to consider the appellants’ challenge to the Bankruptcy Court’s previous ruling under Section 1113.

The District Court further orders that the Bankruptcy Court’s 1113/1114 order is affirmed. This ruling comes in response to a joint appeal, pursuant to 28 U.S.C. Section 158 and Federal Rules of Bankruptcy Procedure 8002 and 8003, filed by the United Mine Workers of America 1974 Pension Plan and Trust, the United Mine Workers of America 1993 Benefit Plan, the United Mine Workers of America 2012 Retiree Bonus Account Plan, the United Mine Workers of America Cash Deferred Savings Plan of 1988, the United Mine Workers of America Combined Benefit Fund and the United Mine Workers of America 1992 Benefit Plan.

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