Obscure, 12-Year-Old Port of Oakland Coal Battle Could End Up Bankrupting City of Oakland
Federal Judge Benjamin Beaton vacated a Kentucky bankruptcy ruling that held Oakland liable for interfering with a coal terminal, allowing further litigation over potentially hundreds of millions in damages.
5 Articles
5 Articles
Oakland might not owe coal company hundreds of millions after new court ruling
Oakland might not owe coal company hundreds of millions after new court ruling A federal judge in Kentucky ruled a bankruptcy court’s judgment, which could have put the city on the hook for hundreds of millions of dollars, was improper.
Obscure, 12-Year-Old Port of Oakland Coal Battle Could End Up Bankrupting City of Oakland
The City of Oakland signed a development deal for a coal-shipping terminal in 2013, and then backed out over environmental protests. Now that’s coming back to haunt them, as legal rulings against their flip-flop could cost the city hundreds of millions.
A Stand Against Coal Could Push Oakland Toward Bankruptcy
It could turn out to be the costliest story ever written in a Utah weekly newspaper. In April 2015, the Richfield Reaper covered a new initiative to export Utah coal through a port in Oakland, Calif., and across the Pacific Ocean. The story found its way to Bay Area environmentalists, who quickly circulated the piece and were outraged that Oakland’s waterfront could become a conduit for shipping fossil fuels overseas. What followed was a decade-…
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