David A. Stockton’s client, an Appalachian coal mining company, got in just under the wire.
On the morning of Monday, Sept. 29, James River Coal Co. raised $44 million through the sale of 1.5 million shares of common stock. A few hours later the House of Representatives rejected the first effort for a $700 billion bailout of the financial sector, leading the Dow Jones industrial average to drop 777.68 points, its largest one-day drop in history.
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