Cenveo Protests National Envelope's Deal With Gores

Law360, New York (July 1, 2010, 6:14 PM EDT) -- Envelope maker Cenveo Corp. has accused bankrupt competitor National Envelope Corp. of failing to disclose an exclusive deal to sell its business to private equity firm The Gores Group LLC, cutting Cenveo and other would-be buyers out of the sale process.

Cenveo filed a motion Wednesday in the U.S. Bankruptcy Court for the District of Delaware saying it has offered $140 million in cash for NEC business assets but that its bid has likely been ignored on the basis of the “no shop” provisions in a...
To view the full article, register now.