Republic Steel 'Clyde Mine,' Monongahela Valley, Pa.
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There are numerous coal preparation facilities south of Pittsburgh that processed the coal used for the steel production of two World Wars. Along with the mines and refuse disposal facilities associated with these industrial complexes, handling these structures to benefit the surety is a unique challenge.
Stites & Harbison attorneys Bill Gorton and Michele Whittington coordinated the effort in the U.S. Bankruptcy Court and administrative tribunals to significantly mitigate surety exposure on the former Republic Steel "Clyde Mine" prep plant and barge loading facility's reclamation bonds.