Patriot Coal Corporation filed for Chapter 11 bankruptcy this week as it deals with reduced demand for coal and rising costs. Patriot has three operations in Henderson and Union counties in western Kentucky.
State officials in Kentucky say more than 150,000 businesses in the state met the July 2nd deadline for filing annual report information with the Secretary of State's office. However, 37,000 didn't meet the deadline and are now listed as no longer "in good standing." Those who failed to file in time still have sixty days to take care of the report.