Form 8-K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report(Date of earliest event reported):
December 24, 1998
WESTMORELAND COAL COMPANY
-------------------------
(Debtor-in-Possession as of December 23, 1996)
----------------------------------------------
(Exact name of registrant as specified in its charter)
DELAWARE 0-752 23-1128670
-------- ----- ----------
(State or other jurisdiction (Commission File (I.R.S. Employer
of incorporation or organization) Number) identification No.)
2 North Cascade Avenue, 14th Floor, Colorado Springs, Colorado 80903
- ------------------------------------------------------------------------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number,
including area code: 719-442-2600
Item 5. Other Events
The Company announced December 24, 1998 that its
Chapter 11 cases were dismissed by the Bankruptcy
Court, subject to a 10 day stay period. Pursuant
to the Federal Rules of Bankruptcy Procedure, the
dismissal will not become effective until after the
expiration of a 10 calendar day stay period, on
January 4, 1999.
Item 7. Financial Statements and Exhibits
(c)
No. Description
99.10 Press release dated December 24, 1998
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.
WESTMORELAND COAL COMPANY
Date: December 28, 1998 By: /s/ Robert J. Jaeger
------------------------------------
Robert J. Jaeger
Senior Vice President-Finance
and Treasurer
<PAGE 2>
--------------------------
Chapter 11 Cases Dismissed
Subject To
10 Day Stay Period
--------------------------
Colorado Springs, CO -- December 24, 1998 -- Westmoreland Coal
Company (Debtor-in-Possession) (OTC Bulletin Board: WMCLQ)
announced that its Chapter 11 cases were dismissed by the
Bankruptcy Court late yesterday, subject to a 10 day stay period.
Pursuant to the Federal Rules of Bankruptcy Procedure, the
dismissal will not become effective until after the expiration of
a 10 calendar day stay period, on January 4, 1999.
The Company continues to work with the United Mine Workers of
America ("UMWA"), the UMWA Health and Benefit Funds and the
Official Committee of Equity Security Holders, to finalize a
detailed master agreement and supporting documents incorporating
the terms of the agreement to dismiss the Chapter 11 cases, along
with certain additional matters.
The Company intends to issue a further news release upon
expiration of the mandatory 10 day stay period.
#
For further information contact Diane Jones (719) 448-5814.
