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As part of a bankruptcy process, the Lincoln Paper and Tissue mill plans to try to reclaim money that it’s already paid out to vendors.
The Bangor Daily News reported the bankrupt mill plans to file $1.1 million in claims against suppliers in Maine and elsewhere that it paid before filing for Chapter 11 bankruptcy protection. The largest claim, $552,396, is from Baileyville pulp mill Woodland Pulp.
If the mill succeeds in that effort, the money would go back into the bankruptcy estate for potential distribution among its creditors. The mill filed for bankruptcy Sept. 28, 2015.
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Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
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