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Re: B402 post# 477641

Sunday, 06/02/2024 11:33:48 PM

Sunday, June 02, 2024 11:33:48 PM

Post# of 575295
oooh We are quaking in our boots..

In 2009, he sold some of his coal business to the Russian company Mechel for $568 million. In 2015, after a huge drop in the price of coal led Mechel to close some of the mines, he bought the business back for $5 million.[9][10] Since buying back the mine from Mechel, Justice reopened several of the mines and hired over 200 miners.[11]
Justice's mining companies have been scrutinized for alleged cases of safety violation and unpaid taxes; in 2016, NPR called him the nation's "top mine safety delinquent".[12] Justice allegedly owed millions of dollars to the government in back taxes and unpaid coal mining fees and fines.[13] Two debt-related lawsuits were settled in 2019,[14] and in 2020 mining companies Justice or his family owned agreed to pay $5 million in delinquent safety fines.[15]
According to a 2020 ProPublica investigation, Justice had paid more than $128 million in judgments and settlements over his businesses' unpaid bills.[16][17] In October 2023, a federal court ordered the U.S. Marshal to seize and sell a helicopter the company owned to pay an $8 million judgment granted to a creditor.[18]


https://en.wikipedia.org/wiki/Jim_Justice

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