UMWA in Action
UMWA statement on bankruptcy filing by Alpha Natural Resources
August 3, 2015
For immediate release?:
[TRIANGLE, VA.] United Mine Workers of America (UMWA) International President Cecil E. Roberts issued the following statement today:
"Today's Chapter 11 bankruptcy filing by Alpha Natural Resources appears to follow the same script as others we've seen this year: pay off the big banks and other Wall Street investors at the expense of workers, retirees and their communities.
"Just as we anticipated the bankruptcies of Patriot Coal and Walter Energy earlier this year, Alpha's filing comes as no surprise. We have already engaged expert financial and legal advisors to help us as we confront this bankruptcy.
"Additionally, the delegates to our International Convention last week voted to provide the union with significant resources to fight to uphold our collective bargaining agreements and the promises made to our retirees in these bankruptcy fights.
"Alpha needs to understand that while we are willing to discuss ways forward that will be of mutual benefit for the company and for our members, we are also prepared to do whatever we need to do to maintain decent jobs with the pension and health care benefits our retirees were promised and have earned."
United Mine Workers