Westmoreland Coal Company – Cancels Auction and Designates Entity Comprised of Prepetition Lenders as the Successful Bidder

January 21, 2019 – The Debtors notified the Court [Docket No. 1112] hearing the Westmoreland Coal Company case that further to Court approved bidding procedures [Docket No. 519], and having not received any qualified bids other than that of the stalking horse bidder (the “Stalking Horse Bidder”), it had cancelled the auction scheduled for January…