January 16, 2017 2:46 PM ET

Paper and Forest Products

Company Overview of Great Northern Paper Co. LLC

Company Overview

Great Northern Paper Co. LLC manufactures ground wood paper for directory, catalog, book, insert, and newsprint applications. The company was founded in 2011 and is based in East Millinocket, Maine. On September 22, 2014, Great Northern Paper Co. LLC filed a voluntary petition for liquidation under Chapter 7 in the US Bankruptcy Court for the District of Delaware. The US Bankruptcy Court ordered the transfer of bankruptcy case to District of Maine on October 3, 2014.

50 Main Street

East Millinocket, ME 04430

United States

Founded in 2011

Phone:

207-746-9912

Fax:

207-723-2492

Key Executives for Great Northern Paper Co. LLC

President
Compensation as of Fiscal Year 2016.

Great Northern Paper Co. LLC Key Developments

Motion for Asset Sale Approved for Great Northern Paper Co. LLC

The US Bankruptcy Court gave an order approving the sale of certain assets of Great Northern Paper Co. LLC on June 18, 2016. The debtor has been authorized to sell certain assets to Town of East Millinocket, Maine, the stalking horse bidder for a purchase price of $1 million in cash plus other valuable consideration pursuant to the asset purchase agreement dated June 17, 2015. The debtor’s assets include Waste Water Treatment assets.

Motion for Asset Sale Filed by Great Northern Paper Co. LLC

Great Northern Paper Co. LLC filed a motion in the US Bankruptcy Court for the sale of certain assets on June 17, 2015. The debtor seeks the Court’s approval for the sale of its certain assets to Town of East Millinocket, Maine, the stalking horse bidder, for a purchase price of $1 in cash plus other valuable consideration pursuant to the asset purchase agreement dated June 17, 2015. The debtor’s assets include Waste Water Treatment assets. The sale hearing is scheduled for June 18, 2015.

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Recent Private Companies Transactions

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Date
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No transactions available in the past 12 months.
 

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