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May 31, 2013

Court Allows Coal Company to Slash Benefits, Break Union Agreements 
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A U.S. bankruptcy court has ruled the mining company Patriot Coal can
break its agreements with unions and slash worker pension and healthcare
benefits in a bid to cut costs after it filed for bankrupcy last year.
The United Mineworkers of America union has vowed to appeal the ruling,
which would see thousands of active and retired mine workers lose their
benefits.

 

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