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Published on 7/3/2012 in the Prospect News Distressed Debt Daily.

Manistique Papers changes name following sale of assets to MPI

By Jim Witters

Wilmington, Del., July 3 - Manistique Papers, Inc. has changed the name on its Chapter 11 bankruptcy case to Manistique Papers Liquidation Co., Inc., according to documents filed July 3 with the U.S. Bankruptcy Court for the District of Delaware.

As previously reported, Manistique won court approval on April 17 for the sale of substantially all the company's assets to stalking horse bidder MPI Acquisition LLC for $12.3 million.

Manistique Papers, a Manistique, Mich., recycled-fiber specialty paper producer, filed for bankruptcy on Aug. 12, 2011. Its Chapter 11 case number is 11-12562.


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