The case is White Stallion Energy LLC, 20-13037-LSS, in U.S. Bankruptcy Court in the District of Delaware. Travelers' Choice EXCEPTIONAL HOSPITALITY AND FAMILY TRADITIONS At White Stallion Ranch, the personal attention and hospitality of a traditional dude ranch is carefully blended with the service and amenities of your favorite resort. In the months before its bankruptcy its financial situation worsened due to the decline in coal consumption at power generation facilities caused by the economic slowdown resulting from Covid-19, according to the bankruptcy declaration. White Stallion, which is majority owned by American Patriot Energy LLC, listed about $104 million of debt, according to its declaration. US coronavirus: US Covid-19 hospitalizations set another daunting record at 100,667 Ga. investigating man's possible steps to vote illegally in Senate runoff White Stallion Energy files for bankruptcy Below, he is shown shaking Trump's hand, along with Indiana Sen. Mike Braun, when the president visited the state in 2018. The coal executive reportedly met … This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Keep discussions on topic, avoid personal attacks and threats of any kind. White Stallion Ranch was originally built in the 1900s and like most guest ranches, began as a cattle ranch. (Bloomberg) — Lighthouse Resources Inc., a coal company with mines in Wyoming and Montana, and White Stallion Energy LLC, a miner that operates in Indiana and Illinois, both filed for bankruptcy after the Covid-19 pandemic dropped coal prices. An Award-Winning Arizona Guest Ranch At White Stallion Ranch, the personal touch and hospitality of a traditional dude ranch is carefully blended with the service and amenities of a fine resort. White Stallion Energy Follow Us We are first in your inbox with the most important news in the industry―keeping you smarter and one-step ahead in this ever-changing and competitive market. Experience the beauty and the history of the southwest at White Stallion Ranch. (Bloomberg) -- Lighthouse Resources Inc., a coal company with mines in Wyoming and Montana, and White Stallion Energy LLC, a miner that operates in Indiana and Illinois, both filed for bankruptcy after the Covid-19 pandemic dropped coal prices. Evansville-based White Stallion Energy LLC says the on-going COVID-19 pandemic and the inability to secure additional capital have ultimately led the … A welcome email is on its way. coal companies, bankrupt, covid, pandemic. If u r new to riding take a lesson every day at 1:00. White Stallion received $10 million in COVID-19 relief from the government through its Paycheck Protection Program. Before the rodeo kicked off on Dec. 3, barrel racer Dona Kay Rule, Minco, Texas, ranked third in the world standings, and tie-down roper Caleb Smidt, Bellville, Texas, eighth in the standings, tested positive and were sent home and will not compete for the remainder of the Wrangler NFR. Animal Stock Footage Video Two Coal Companies Bankrupted by Covid as Industry Slides, tap here to see other videos from our team. White Stallion Ranch is nationally recognized for its exemplary service, the recipient of numerous awards, and has been listed prominently on many “Best Of” lists and rankings. In the months before its bankruptcy its financial situation worsened due to the decline in coal consumption at power generation facilities caused by the economic slowdown resulting from COVID-19, according to the bankruptcy declaration. In the months before its bankruptcy its financial situation worsened due to the decline in coal consumption at power generation facilities caused by the economic slowdown resulting from COVID-19, according to the bankruptcy declaration. Our Full American Plan Rates include lodging, meals and ranch activities - making your vacation budgeting so easy! The case is White Stallion Energy LLC, 20-13037-LSS, in U.S. Bankruptcy Court in the District of Delaware. © 2020 Financial Post, a division of Postmedia Network Inc. All rights reserved. If you judge White Stallion Energy by … White Stallion Ranch is nationally recognized for its exemplary service, the recipient of numerous awards, and has been listed prominently on many “Best Of” lists and rankings. White Stallion suffered a net loss of about $30 million in 2019. “In light of the challenging market conditions and other impacts on our business from COVID-19, we have been required to reduce costs and reorganize our business resulting in the reduction of our workforce in Montana,” Lighthouse Chief Executive Officer Everett King said in a news release. View deals for White Stallion Ranch, including fully refundable rates with free cancellation. Vanderburgh County reported three more coronavirus-related deaths and 94 new COVID-19 cases Thursday. White Stallion energy cited the distress of the COVID-19 pandemic on the coal market as severely impacting the company. All rights reserved. Other American coal companies have … Coal has been hit hard this year because of the decrease in demand for electricity to run offices, factories and stores. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc. Lighthouse Resources Inc., a coal company with mines in Wyoming and Montana, and White Stallion Energy LLC, a miner that operates in Indiana and Illinois, both filed for bankruptcy after the pandemic dropped coal prices. Josh Saul and Will Wade Read more about cookies here. Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc. The Courier & Press reports the company owns six mines. The stallion rises to his hind legs Young girl in cowboy hat riding a white horse. Important: This destination may have COVID-19 travel restrictions in place, including specific restrictions for lodging. White Stallion gave $175,000 to Trump's inaugural committee. To maintaining a lively but civil forum for discussion and encourage all readers to share their on! Some units feature a seating area to relax in after a busy day sign up to receive daily... This year because of the mountain or garden year because of the decrease in for. 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