PALCO | The Eureka Reporter

PALCO transitions to new company

Published: Jul 29 2008, 10:36 PM · Updated: Jul 30 2008, 12:40 AM

By NATHAN RUSHTON, The Eureka Reporter

After nearly 150 years as one of the county’s most high-profile and largest timber company, which has been embroiled in 18 months of contentious bankruptcy proceedings, the Pacific Lumber Co. has all but come to an end.

Mendocino Redwood Co. seeks court order to push PALCO transfer

Published: Jul 25 2008, 11:47 PM

By NATHAN RUSHTON, The Eureka Reporter

More last-minute court filings in the Pacific Lumber Co. bankruptcy case Thursday show a less-than-smooth transition as Mendocino Redwood Co. prepares to implement its restructuring plan for PALCO and its lands.

Appellate court denies stay in PALCO case

Published: Jul 25 2008, 12:29 AM · Updated: Jul 26 2008, 4:22 PM

By NATHAN RUSHTON, The Eureka Reporter

An appeals court issued a key ruling Thursday in the Pacific Lumber Co. bankruptcy case denying a creditors group’s motion for a stay in the case aimed at delaying a court-approved restructuring plan for PALCO from moving forward.

Supreme Court rules in favor of EPIC in PALCO case

Published: Jul 18 2008, 12:35 AM

By NATHAN RUSHTON, The Eureka Reporter

The California Supreme Court issued a ruling Thursday that ends a decade-long legal dispute that environmentalist groups say promises to improve protection for the state’s endangered species and industrial forestlands.

Ruling on stay in PALCO case likely Tuesday

Published: Jul 12 2008, 12:22 AM

By NATHAN RUSHTON, The Eureka Reporter

Whether Mendocino Redwood Co. can move forward with its court-approved plan to take over and revamp the bankrupt Pacific Lumber Co. is expected to be decided nest week.

Judge hears arguments for PALCO reorganization

Published: Jul 10 2008, 11:17 PM · Updated: Jul 11 2008, 12:45 AM

By NATHAN RUSHTON, The Eureka Reporter

The judge in the Pacific Lumber Co. bankruptcy case listened on Thursday to the first of two days of scheduled hearings aimed at convincing him why he should put the reorganization plan he approved Monday on hold while a creditor group appeals.

Judge says PALCO bankruptcy ruling coming Monday

Published: Jul 2 2008, 11:29 PM

By NATHAN RUSHTON, The Eureka Reporter

After endings the week’s scheduled hearings a day early on Wednesday, the federal judge in the Pacific Lumber Co. bankruptcy case said he will make his final ruling Monday to move the case forward.

Value battle continues in PALCO case

Published: Jul 1 2008, 11:54 PM

By NATHAN RUSHTON, The Eureka Reporter

Attorneys and witnesses in the Pacific Lumber Co. bankruptcy proceedings returned to court Tuesday in Corpus Christi, Texas to continue in the battle of experts witnesses that is hoped will resolve a surprise multi-million-dollar snag in the case.

Timber industry leaders shift support to SPI

Published: Jul 1 2008, 11:53 PM

While the parties in the Pacific Lumber Co. bankruptcy case try to sort out a potentially multi-million-dollar administrative claim that threatens to sink Mendocino Redwood Co.’s widely supported reorganization plan, many timber industry leaders are now backing another option.

Clouds linger over Mendocino Redwood confirmed reorganization plan for PALCO

Published: Jun 7 2008, 12:12 AM · Updated: Jun 7 2008, 12:22 AM

By NATHAN RUSHTON, The Eureka Reporter

Any finality in the more than 17-month legal battle over the future of the bankrupt Pacific Lumber Co. came and quickly went Friday following the federal judge’s ruling in favor of what’s been the most widely supported reorganization plan.

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