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Peabody Fights Patriot Bid for Documents From Deal Advisers

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Peabody Energy Corp. is fighting former unit Patriot Coal Corp.'s attempt to bolster its assertion that its 2007 spinoff was fraudulent by gaining access to documents from Duff & Phelps and Morgan Stanley, which served as advisers on the transaction, Dow Jones Daily Bankruptcy Review reported today. In two separate court objections, Peabody is requesting that Patriot be denied information that is unrelated to the 2007 spinoff or would fall under attorney-client privilege or other similar protections. Peabody is also asking that no documents be produced by either firm related to its arrangements with American Electric Power or that would disclose information to the United Mine Workers of America until it enters a confidentially protective order.