Holland v. Arch Coal, Inc., No. 18-7159 (D.C. Cir. 2020)
Annotate this CaseThe DC Circuit held that the Coal Industry Retiree Health Benefit Act of 1992 (Coal Act) required Arch Coal, as a person related to a 1988 last signatory operator (LSO), to provide security, and the security previously provided on behalf of Arch Coal's former subsidiaries does not satisfy that requirement. In this case, the letter of credit was no longer in force and the proceeds that the Trustees drew from it did not satisfy the requirement that Arch Coal provide security in one of the three ways allowed by statute. Accordingly, the court affirmed the district court's order granting summary judgment to the Trustees of the United Mine Workers of America 1992 Benefit Plan.
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