Patriot Coal Corporation (fka PCXCQ)

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Supporting an argument for solvency, the shareholders said that Patriot has $1.4 billion in tax loss carryforwards not carried as an asset on balance sheet. Shareholders seeking a committee include CompassPoint Partners LP.

The bankruptcy judge in New York may never decide whether there should be an equity committee. Last week she heard argument from the U.S. Trustee on a motion to transfer the case out of New York. The judge said she would issue a ruling later. If she sends the case away before ruling on the committee question,