Debt

Justice Creditors Agree To Sale Of Coal Company's Helicopter

Caroleng Investments, a Caribbean company, and First Source Bank, of South Bend, Indiana, have submitted a joint proposal to sell a helicopter owned by Bluestone Resources.

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Creditor Asks Court To Force Justice Company To Turn Over Helicopter

Caroleng wants Bluestone Resources, based in Roanoke, to give up a helicopter it owns. Bluestone owes Caroleng $13 million and seeks the helicopter to partly settle the debt.

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Federal Judge Blocks Seizure Of Justice Coal Company Helicopter

Judge James P. Jones of the U.S. District Court for the Western District of Virginia, granted a stay on Thursday sought by the coal company, Bluestone Resources, and 1st Source Bank of South Bend, Indiana, one of Bluestone’s creditors.

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Justice-Owned Company Tries In Court To Stop Seizure Of Helicopter

On Thursday, the court instructed the marshals to take possession of the helicopter, which is housed at the Roanoke-Blacksburg Regional Airport.

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