PALCO – Press Articles

By David McLaughlinThe Wall Street JournalMay 12, 2008Bondholders in Pacific Lumber Co.'s bankruptcy-protection proceeding said they want to investigate possible fraud in a settlement that calls for the company to…

By Mike GeniellaThe Press DemocratMay 9, 2008The state Supreme Court heard arguments Thursday in an environmental case stemming from the nearly $500 million public purchase of Headwaters Forest. A 1999…

By John DriscollThe Times-StandardMay 5, 2008Don't ever try to sell Judge Richard Schmidt a lemon.The U.S. Bankruptcy Court judge overseeing the Pacific Lumber Co.'s case in Texas is a fascinating…

By Nathan RushtonThe Eureka ReporterMay 3, 2008There were no surprise deals or breakthroughs in the Pacific Lumber Co. bankruptcy proceedings Friday that wound down uneventfully with the end of testimony…

By Mike GeniellaThe Press DemocratMay 3, 2008Mendocino Redwood Co. and a $9 billion New York hedge fund are still seen as the likely new owners of bankrupt Pacific Lumber Co.,…

By John DriscollThe Times-StandardMay 3, 2008The stage is set for the final volleys in the Pacific Lumber Co.'s bankruptcy case, and the judge has signaled that the key issue remains…

Includes an update on the PALCO bankruptcy including significant developments in the case.Download the program to your computerTO DOWNLOAD: Us the right mouse button and choose Save Link As (some…

By John DriscollThe Times-StandardMay 2, 2008The Pacific Lumber Co. and its parent company, Maxxam Inc., have struck a deal with the Mendocino Redwood Co. and a key creditor, and raised…

By David McLaughlinDow Jones NewswiresMay 2, 2008Another bidder for more than 200,000 acres of California timberlands potentially up for grabs in Pacific Lumber Co.'s bankruptcy case stepped forward on Friday,…

By Mike GeniellaThe Press DemocratMay 2, 2008Call it a clash of the titans, the Wall Street kind.Some of the wealthiest names in America emerged as combatants Thursday in a contentious…