Laserfiche WebLink
Case 1:20-bk-12043 Doc 3 Filed 07/22/20 Entered 07/22/20 17:38:25 Desc Main <br /> Document Page 21 of 42 <br /> would deplete the Debtors' workforce, thereby hindering the Debtors' ability to operate their <br /> businesses and, likely, diminishing recoveries for stakeholders. The loss of valuable employees <br /> and resulting need to recruit new personnel (and the costs attendant thereto) would be distracting <br /> at this crucial time. There can be no doubt that the Debtors must do their utmost to retain their <br /> workforce by, among other things, continuing to honor certain wage, benefits, and related <br /> obligations, including certain of the pre-petition Employee Wages and Benefits. Accordingly, on <br /> behalf of the Debtors, I respectfully submit that the Court should approve the Wages Motion. <br /> 45. By the Wages Motion, the Debtors seek entry of an order authorizing, but not <br /> directing, the Debtors to pay pre-petition amounts outstanding on account of Employee <br /> Compensation and Benefits in the approximate aggregate amount of$783,010, subject to and in <br /> compliance with any DIP Order. <br /> D. MOTION FOR INTERIM AND FINAL ORDERS (I) AUTHORIZING PAYMENT <br /> OF CERTAIN PRE-PETITION TAXES AND FEES AND (II) GRANTING <br /> RELATED RELIEF <br /> 46. The Debtors, in the ordinary course of the Debtors' businesses, the Debtors <br /> collect, withhold, and incur and pay: (i) Severance Taxes, (ii) Excise Taxes, (iii) Sales & Use <br /> Taxes, (iv) Property Taxes, (v) Fines, Fees, and Assessments, (vi) Reclamation Taxes, and (vii) <br /> Miscellaneous State Taxes (collectively, the "Taxes"). The Debtors remit the Taxes to various <br /> federal, state and local governments, including taxing and licensing authorities (collectively, the <br /> "Authorities"). <br /> 47. The Debtors pay severance taxes and fees (collectively, the "Severance Taxes") <br /> to continue extracting coal. Generally, the Severance Taxes are a tax on removing or "severing" <br /> natural resources, such as coal, from the land or waters within a state or jurisdiction. Severance <br /> tax methodology varies by jurisdiction. <br /> 21 <br />