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A Delaware bankruptcy judge sent Gorham Paper & Tissue LLC's Chapter 11 liquidation plan out for a creditor vote Wednesday, nearly a year after the bathroom tissue maker sold its assets and reached a $7.5 million settlement with its Zohar parent company.
GORHAM — Bronson Paradis began working at Gorham Town Hall on Monday, Jan. 11, as the new hired fiscal assistant in the town's two-person finance department.
GORHAM — The Gorham Paper and Tissue mill will undergo more than a name change. Over the next few years, the new owner of White Mountain Paper Company said there
Gorham Paper and Tissue, White Mountain Tissue sale final January 06, 2021GORHAM — 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 Companies' tax, environmental liabilities and employee obligations, and specific bank debt. The Comp...
GORHAM â 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 sell its assets to an affiliate of Behrens Investment Group of New York. The sale document lists the p...