Sp newsprint files for bankruptcy

Company officials say the filing won't affect day-to-day operations. But that's a tough sell for some in Oregon who have watched the Newberg mill slowly cut its workforce as it faced high material costs and heavy foreign competition. Despite its declining payroll, the mill remained Newberg's fifth largest employer in , with an estimated workers. That day came Tuesday, when SP Newsprint and its holding companies filed for Chapter 11 bankruptcy in a Delaware federal court.

It operates two pulp mills and several recycling facilities under its subsidiary. Officials didn't return calls Thursday from The Oregonian but said in the statement that its daily functions would remain unchanged. Confirm Password. Law may contact you in your professional capacity with information about our other products, services and events that we believe may be of interest.

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Law Pulse Business of Law. In a motion filed in Delaware bankruptcy court, the official committee of unsecured creditors demanded documents and testimony from Brant Industries Inc. Stay ahead of the curve In the legal profession, information is the key to success.

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