Schulte Advises Murray Energy in Acquisition of Armstrong Energy

Schulte advised Murray Energy Corporation and its affiliates as buyers in the Chapter 11 case of Armstrong Energy Inc. Part of a restructuring plan, the acquisition contemplates the formation of a new company with Armstrong's existing secured bondholders. Pending  approval by the bankruptcy court, the new company will produce low-chlorine, high-sulfur thermal coal and manages coal preparation and shipment facilities.

The Schulte team representing Murray Energy team includes tax partner Dan Kusnetz and former Schulte lawyers Lowell Dyer and Andrew Fadale.