Pacific Lumber Bankruptcy Update


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PACIFIC LUMBER BANKRUPTCY UPDATE
from the Bay Area Coalition for Headwaters
April 10, 2008
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update for Pacific Lumber watchers and redwood fans--

This is a big week for the Pacific Lumber bankruptcy case in court
in Corpus Christi, Texas. A hearing (actually a confirmation
trial) has been going on since Tuesday following voting on various
corporate reorganization proposals by the company's creditors.
Below are articles from Humboldt papers from the last couple days.
(Apologies--the hot links function is not working on the webmail I
am sending this from, so paste into your browser.)

***We will send out a wrap up and news of outcomes next week.***

Attorneys for Mendocino Redwood Company start testimony to resolve
PALCO bankruptcy:
http://eurekareporter.com/article/080408-attorneys-for-mendocino-redwood-company

Mendocino Redwood on the stand in Palco case:
http://www.times-standard.com/ci_8874138 :

Lawyers scrutinize MRC in PALCO bankruptcy:
http://eurekareporter.com/article/080409-lawyers-scrutinize-mrc-in-palco-bankruptcy

And for those who really want to steep in the details, you can
listen to reports directly from courts by the Community Forestry
Team's David Simpson on KMUD's news (availabile in mp3) at
http://kmud.org/site001/program-schedule/302.html

STAY TUNED...



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