Lighthouse Resources gets approval of bidding procedures for assets

By Sarah Lizee

Olympia, Wash., Jan. 15 – Lighthouse Resources Inc. obtained court approval of the bidding procedures for the sale of its Wyoming and Washington real property assets, according to an order filed Friday with the U.S. Bankruptcy Court for the District of Delaware.

For both sets of assets, bids will be due by 5 p.m. ET on Feb. 11.

Auctions will be held on Feb. 16, if needed.

Sale hearings are scheduled for March 9.

Lighthouse Resources is a South Jordan, Utah, owner and operator of thermal coal mines. The company filed bankruptcy on Dec. 3 under Chapter 11 case number 20-13056.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.