Current:Home > Contact-usCoal company owned by West Virginia Gov. Jim Justice is found in contempt-DB Wealth Institute B2 Expert Reviews
Coal company owned by West Virginia Gov. Jim Justice is found in contempt
View Date:2024-12-25 20:55:35
CHARLESTON, W.Va. (AP) — 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 Coal’s 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.
Southern Coal argued that other Justice-controlled companies could no longer pay the company’s debts because of recent judgments against them, but the judge said in the contempt order that no evidence had been presented to support that assertion.
Southern Coal has seven days to comply before the daily fine begins, according to the order.
The Justice family has been named in multiple lawsuits regarding business dealings. A Virginia bank said this month it would delay plans to auction off land at Justice’s posh resort, the Greenbrier Sporting Club, in an attempt to recover more than $300 million on defaulted business loans by the Republican governor’s family.
veryGood! (52)
Related
- Does your dog have arthritis? A lot of them do. But treatment can be tricky
- VP candidates Walz and Vance manage their money very differently. Advisers weigh in.
- 3 years into a life sentence, Alex Murdaugh to get his day before the South Carolina Supreme Court
- Federal board urges stricter safety rules for loading and dispatching charter flights like air tours
- Sister Wives’ Meri Brown Shares Hysterical Farmers Only Dating Profile Video After Kody Split
- Paige DeSorbo Reveals if Craig Conover, Kyle Cooke Feud Has Affected Her Summer House Friendships
- Developers of stalled Minnesota copper-nickel mine plan studies that may lead to significant changes
- Are streaming bundles really worth it? Everything to know about the latest TV trend
- Will Trump’s hush money conviction stand? A judge will rule on the president-elect’s immunity claim
- Love Island U.K.'s Molly-Mae Hague and Tommy Fury Break Up One Year After Engagement
Ranking
- When do new episodes of 'Cobra Kai' Season 6 come out? Release date, cast, where to watch
- Houston prosecutors find no evidence of efforts to sway 2022 elections but charge a county worker
- Mayor of Columbus, Ohio, says ransomware attackers stole corrupted, unusable data
- Ravens announce Mark Andrews' car crash, coach Joe D'Alessandris' illness
- Georgia State University is planning a $107M remake of downtown Atlanta
- Americans give Harris an advantage over Trump on honesty and discipline, an AP-NORC poll finds
- PHOTO COLLECTION: AP Top Photos of the Day Tuesday August 13, 2024
- Best Halloween Fashion Finds That Are Spooky, Stylish, and Aren’t Costumes—Starting at $8
Recommendation
-
Joey Logano wins Phoenix finale for 3rd NASCAR Cup championship in 1-2 finish for Team Penske
-
'Growing up is hard enough': Jarren Duran's anti-gay slur could hurt LGBTQ youth
-
1 person injured in shooting at North Carolina mall, police say
-
How Wharton and Other Top Business Schools Are Training MBAs for the Climate Economy
-
Katherine Schwarzenegger Gives Birth, Welcomes Baby No. 3 With Chris Pratt
-
Halle Berry recalls 10 injuries over action movie career: 'I've been knocked out 3 times'
-
Kylie Jenner opens up about motherhood in new interview: 'I'm finally feeling like myself'
-
LEGO rolls out 'Nightmare Before Christmas' set as Halloween approaches