Bankrupt coal miner Murray Energy Corp. could be forced to liquidate unless a federal judge lets it cut health-care payments to retirees, according to court papers.
Robert E. Murray, the former chairman of Murray Energy, gave nearly $1 million to climate denial groups and other organizations seeking to undo environmental regulations.
Murray Energy could be responsible for as much as $155 million under the Black Lung Act and general workers' compensation, but testimony shows that the company only offered $1.1 million in collateral to the fund.