bankruptcy

Chesapeake, like other energy companies, has been hammered by low energy prices.

Others are expected to follow.

Ultra Petroleum officials say the company is expected to continue normal operations under the restructuring agreement.

The company also owes $853,986 in an apparent judgment, bankruptcy filings say.

Volk questions some of those expenses, including a one-night hotel stay costing $982, and wants them to respond by Dec. 13.

A spokesman for the Navajo Transitional Energy Company says he can't comment because the bond negotiations are active.

Steve Miller, chairman of Purdue's board of directors, said on a conference call with reporters that an admission of wrongdoing is not part of the deal.

Lawyers for Blackjewel say the coal is losing value and increasing in combustibility, meaning it could burst into flames, as it sits on the tracks.