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In re C.W. Mining Co.

In re C.W. Mining Co.

Ruling
Trustee could offset amounts paid to Minerals Management Services on behalf of debtor's former lessors against lessor's claim against the estate.
Procedural posture

Creditors filed a petition against a mining company (debtor), seeking an order requiring the debtor to enter bankruptcy. The bankruptcy court entered an order for relief, converted the case to one under chapter 7 of the Bankruptcy Code, and appointed a trustee. The trustee filed adversary proceedings against two companies (lessors) that leased property to the debtor and a company (transferee) that acquired rights to mine coal on the properties.

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Commercial opinion summary, case decided on December 09, 2009 , LexisNexis #0110-058