Cahill Advises SP Newsprint in Chapter 11 Bankruptcy Filing
Date: 11/16/11
Cahill is representing SP Newsprint Holdings LLC ("SP Newsprint") and its affiliates in connection with their Chapter 11 bankruptcy cases pending in the U.S. Bankruptcy Court for the District of Delaware in Wilmington and in related negotiations with its lenders, including with respect to an interim financing order and other financing and sale matters. SP Newsprint has more than $250 million in secured debt and is the fourth largest newsprint company in the country with mills in Dublin, Georgia and Newberg, Oregon. SP Recycling Corporation, an affiliate of SP Newsprint, is one of the largest recyclers of old newsprint in the world, and operates in approximately 10 states.