Westmoreland Coal Company – Seeks Approval of $300.0mn Credit Bid Sale of Kemmerer Mining Assets to Senior Lenders After Western Coal Deal Falls Through

May 23, 2019 – The Debtors requested Court authority 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 would acquire the Debtors' Wyoming-based Kemmerer mining assets for a $300.0mn credit bid  (the "Kemmerer Assets" and "Sale," respectively)…