Westmoreland Coal Company – Court Approves $300.0mn Credit Bid Sale of Kemmerer Mining Assets to Senior Lenders

June 5, 2019 – The Court hearing the Westmoreland Coal Company case issued an order authorizing the Debtors to (i) enter into an asset purchase agreement (the "Credit Bid APA") with Kemmerer Operators, LLC (the "Credit Bid Purchaser") further to which the Credit Bid Purchaser will acquire the Debtors' Wyoming-based Kemmerer mining assets for a…