Pacific Lumber Seeks To Reform Creditors Committee

Law360, New York (March 29, 2007, 12:00 AM EDT) -- Pacific Lumber Co. is trying to boot out an environmental group leading a committee in its Chapter 11 case, claiming the group is “remarkably unrepresentative” of its unsecured creditors.

The Oakland, Calif.-based timber company filed the motion Wednesday in the U.S. Bankruptcy Court for the Southern District of Texas in an attempt to drive Environmental Protection Information Center (EPIC) from the unsecured creditors committee.

Pacific Lumber accused the environmental group of having a “litigation agenda,” and not being concerned with the interests of trade creditors....
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