Judge’s ruling favors Montana’s Bull Mountain investors

A promise by owners of the Bull Mountain coal mine near Roundup to pay investors more than $17 million plus interest was breached and is enforceable, a federal judge has ruled.

U.S. Magistrate Judge Carolyn Ostby issued her findings in the complicated case after hearing arguments last week from lawyers for three East Coast companies representing more than 350 investors and for Bull Mountain Coal Properties Inc., Airlie Opportunity Master Fund Ltd. and related companies.

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