Sustainable Logging Biz's Ch. 11 Plan Heads To Judge For OK

By Emlyn Cameron · March 26, 2024, 4:51 PM EDT

A sustainable forestry company will ask a Delaware bankruptcy judge on Wednesday to approve its Chapter 11 plan to trade equity to erase more than $300 million in debt and offer...

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Bankruptcy Scorecard

Summary

Logging operation Restoration Forest Products Group has filed for Chapter 11 protection in Delaware with $367 million in funded debt obligations and a prepackaged plan of reorganization through a debt-equity swap.

Case Number

1:24-bk-10120

Judge

Karen Owens

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

Over $300 million

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Documents

Related Sections

Case Information

Case Title

Restoration Forest Products Group, LLC

Case Number

1:24-bk-10120

Court

Delaware

Nature of Suit

Date Filed

January 29, 2024

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