White Stallion sale timeline modified again; auction now Sept. 24

By Sarah Lizee

Olympia, Wash., Sept. 16 – White Stallion Energy, LLC’s sale timeline for substantially all of its assets has been modified again, according to a notice filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.

The bid deadline has been moved to 4 p.m. ET on Sept. 22 from 4 p.m. ET on Sept. 15, and the auction has been moved to Sept. 24 from Sept. 17. The sale hearing will be held on a date and time to be determined. A status conference is set for Sept. 28.

The assets include, among other things, the debtors’ Friendsville and Antioch mining operations and related assets, and machinery and equipment, as previously reported.

White Stallion Energy is a coal mining company based in Evansville, Ind. The company filed bankruptcy on Dec. 2, 2020 under Chapter 11 case number 20-13037.

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