(Bankr. D. Del.) Counsel to CalPlant I Holdco, LLC and CalPlant I, LLC in their chapter 11 bankruptcy cases. CalPlant is nearing completion of the world’s first manufacturing plant capable of producing medium density fiberboard using rice straw as feedstock. CalPlant filed for chapter 11 in October 2021 to conduct a marketing process for substantially all of its assets and/or restructure approximately $380 million in secured debt.
Lead counsel to the receiver of Columbia Pulp I, LLC, one of North America’s first producers of wheat straw pulp, which is used as sustainable feedstock for paper and packaging products. Columbia Pulp entered receivership upon an action of the trustee for the holders of the company’s senior secured bonds in order to pursue a restructuring of approximately $240 million in secured debt.