PALCO – Press Articles

By Hank SimsThe North Coast JournalJuly 24, 2008It came in with a bang, but it's ending with a whimper. That's the story of the maximally important Pacific Lumber bankruptcy case,…

By Mike GeniellaSanta Rosa Press DemocratJuly 23, 2008Lumber Mill DealThe $530 million reorganization plan proposed by Ukiah-based Mendocino Redwood and Marathon Structured Finance could proceed as early as Monday if…

The Eureka ReporterJuly 17, 2008Judge Richard Schmidt, the federal judge hearing the Pacific Lumber Company bankruptcy case has had to have the patience of Job and the wisdom of Solomon…

The Times-StandardJuly 16, 2008The federal judge overseeing the Pacific Lumber Co.'s bankruptcy has denied a stay to the largest creditors in the case, but given them time to seek relief…

By Nathan Rushton,The Eureka ReporterJuly 16, 2008A federal judge overseeing the Pacific Lumber Co.'s denied on Tuesday an emergency motion by a creditor group to put a stay in place…

The Eureka ReporterJuly 12, 2008Second District Supervisor Candidate Estelle Fennell announced this week her praise for the federal bankruptcy court's confirmation order for the Pacific Lumber Co. reorganization plan put…

By Nathan RushtonThe Eureka ReporterJuly 12, 2008Whether Mendocino Redwood Co. can move forward with its court-approved plan to take over and revamp the bankrupt Pacific Lumber Co. is expected to…

By John DriscollThe Times-StandardJuly 12, 2008The federal judge overseeing the Pacific Lumber Co.'s bankruptcy intends to rule next week on a request to delay the Mendocino Redwood Co.'s plan to…

By David McLaughlinDow Jones NewswiresJuly 11, 2008 A federal judge has confirmed a plan to bring Pacific Lumber Co. out of bankruptcy under new ownership, but the takeover of the…

By John DriscollThe Times-StandardJuly 11, 2008Major creditors tried to convince a federal bankruptcy judge Thursday that requiring a substantial bond while they take the Mendocino Redwood Co.'s reorganization plan for…