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Form 8-K DOMINION RESOURCES BLACK For: Jul 28

July 28, 2015 3:11 PM EDT

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) July 28, 2015

 

 

DOMINION RESOURCES BLACK WARRIOR TRUST

(Exact name of Registrant as specified in its charter)

 

 

 

Delaware

(State or other jurisdiction of

incorporation)

 

1-11335

(Commission

File Number)

 

75-6461716

(IRS Employer

Identification No.)

Royalty Trust Management

Southwest Bank

2911 Turtle Creek Boulevard

Suite 850

Dallas, Texas

(Address of principal executive offices)

   

75219

(Zip Code)

Registrant’s telephone number, including area code: (855) 588-7839

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.):

 

¨   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 8.01 Other Events.

On July 28, 2015, Dominion Resources Black Warrior Trust issued a press release announcing that it received a letter from Walter Energy, Inc. stating that it filed a petition for relief under Chapter 11 of the U.S. Bankruptcy Code on July 15, 2015. The press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

 

  d. Exhibits

 

  99.1 Press Release dated July 28, 2015.


SIGNATURES

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.

 

DOMINION RESOURCES BLACK WARRIOR TRUST
By:   SOUTHWEST BANK, TRUSTEE
  By:   /s/ RON E. HOOPER
    Ron E. Hooper
    SVP Royalty Trust Management

Date: July 28, 2015


EXHIBIT INDEX

 

Exhibit
Number

  

Description

99.1    Press Release dated July 28, 2015

Exhibit 99.1

DOMINION RESOURCES BLACK WARRIOR TRUST

 

Press Release

Dominion Resources Black Warrior Trust

Announces Notification by Walter Energy

of Chapter 11 Bankruptcy Filing

DALLAS, TEXAS, July 28, 2015—Dominion Resources Black Warrior Trust (NYSE: DOM), (“Dominion”) announced today that it received a letter from Walter Energy, Inc. stating that it filed a petition for relief under Chapter 11 of the U.S. Bankruptcy Code on July 15, 2015 and that is has an agreement with lenders regarding a pre-negotiated restructuring plan. In the letter, Walter advised the Trust that it is not permitted to pay obligations that arose prior to July 15, 2015, (“pre-petition obligations”) including royalty payments. Specifically, the Trustee was informed by Walter Energy, Inc. that it will not be paying the distribution to the Trust, which would normally be paid by August 14, and normally would include royalty payments for the production months of April, May and June 2015, as well as the portion of any future quarterly distributions relating to production attributable to periods prior to July 15, 2015.

The Trustee has engaged counsel and will take appropriate action to protect the royalty payments and assets of the Dominion Resources Black Warrior Trust.

*                *                 *

Contact:

Ron Hooper

Senior Vice President

Southwest Bank, Trustee

Toll-free – 1-855-588-7839



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