PALCO – Press Articles

The Houston ChronicleJune 6, 2008A timber company controlled by Gap founder Donald Fisher won preliminary court approval to take control of bankrupt Houston-based Maxxam units including Scotia Pacific and Pacific…

John DriscollThe Times-StandardMay 30, 2008A Fresno Superior Court judge recently denied the state's request to throw out a lawsuit lodged by the Pacific Lumber Co. that alleges California breached its…

The Eureka ReporterMay 29, 2008The federal judge overseeing the Pacific Lumber Co.'s bankruptcy case told attorneys during a hearing in Texas on Thursday that he would likely make a ruling…

By Patrick HigginsThe Eureka ReporterMay 25, 2008I had been in Humboldt County for only about a dozen years when Charles Hurwitz and his MAXXAM Corp. carried out the hostile takeover…

By Mike GeniellaThe Press DemocratMay 22, 2008For 34 years, butcher Mel Berti has toiled behind the meat counter at Hoby's Market, the community center of historic Scotia."From my vantage point,…

By Mike GeniellaThe Press DemocratMay 19, 2008The fate of Pacific Lumber Co., the 145-year-old aristocrat of West Coast timber companies, is expected to be decided within days by a federal…

By Nathan RushtonThe Eureka ReporterMay 16 2008The Pacific Lumber Co. bankruptcy case is out of the hands of the lawyers and now rests with the Texas judge who will decide…

John DriscollThe Times-StandardMay 16, 2008Parties in the Pacific Lumber Co. bankruptcy case on Thursday launched their final salvos in the 16-month war over how the 140-year old timber giant will…

By David McLaughlinDaily Bankruptcy ReviewMay 14, 2008Sierra Pacific Industries wants to buy Pacific Lumber Co.'s sawmill for $45 million if a judge approves an auction for 200,000 acres of California…

By John DriscollThe Times-StandardMay 12, 2008Timber magnate Red Emerson's Sierra Pacific Industries has offered to buy the Pacific Lumber Co.'s sawmill and power plant and is pledging to pour more…