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Gorham Paper and Tissue, White Mountain Tissue sale final

Gorham Paper and Tissue, White Mountain Tissue sale final January 06, 2021GORHAM โ€” In a statement, released on Nov. 5, Gorham Paper and Tissue, LLC and White Mountain Tissue, LLC revealed that they have entered into an asset purchase agreement with an affiliate of Behrens Investment Group to acquire substantially all of the companies assets for $8.75 million in cash, in addition to the assumption of several million dollars in estimated liabilities, including the assumption of certain of the C...
United States New Hampshire State Of New Hampshire Lynn Tilton Paul Grenier Dick Arnold

Bankruptcy Court approves Gorham Paper and Tissue sale, parties hope to close by the end of year

GORHAM รขย€ย” The sale of Gorham Paper and Tissue was approved in U.S. Bankruptcy Court for the District of Delaware Friday and the closing is expected to take place by the end of the year. U.S. Bankruptcy Court Justice Karen Owens ruled she found no reason for delay in implementing the order, which calls for the sale of substantially all of the assets of GPT and its subsidiary, White Mountain Tissue. GPT filed for Chapter 11 bankruptcy on Nov. 4, at the same time announcing it had agreed to se...
United States New Hampshire Burges Biopower Denise Vallee Lynn Tilton James Wheeler

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