PAPER INTERNATIONAL, INC. Bankruptcy Filing

Case Number: 08-13917

PAPER INTERNATIONAL, INC. filed a 11 chapter bankruptcy in the Southern District of New York bankruptcy court on October 06, 2008. This is a voluntary filing; it was assigned the bankruptcy case number #08-13917.

PAPER INTERNATIONAL, INC. Filing Information

The bankruptcy petition for PAPER INTERNATIONAL, INC. showed assets in the range of $100MM - $500MM with liabilities in the range of $500MM-$1B. PAPER INTERNATIONAL, INC. reports that the number of creditors is in the range of 1-49.

The debtor indicated their nature of business as 'None of the Above'. The nature of business option is fairly limited; most companies will chose 'None of the Above'. The options include: 'Health Care Business', 'Single Asset Real Estate', 'Railroad', 'Stockbroker', 'Commodity Broker', 'Clearing Bank', or 'None of the Above'.

PAPER INTERNATIONAL, INC. indicated on its bankruptcy petition that it does not expect there will be sufficient assets in the estate to make a payment to the unsecured creditors. This is a bad sign for creditors as it implies that no recovery is likely.

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PAPER INTERNATIONAL, INC. Docket Header

Lead, CLMAGT, CLOSED




U.S. Bankruptcy Court
Southern District of New York (Manhattan)
Bankruptcy Petition #: 08-13917-rdd

Assigned to: Judge Robert D. Drain
Chapter 11
Voluntary
Asset



Debtor disposition:  Discharge Not Applicable
Date filed:  10/06/2008
Date terminated:  01/27/2010

Debtor
Paper International, Inc.
County Road 19
Prewitt, NM 87045

rep. by Larren M. Nashelsky
Morrison & Foerster LLP
1290 Avenue of the Americas
New York, NY 10104
212-468-8000
Fax : 212-468-7900
Email:
lnashelsky @ mofo.com

Lorenzo Marinuzzi
Morrison & Foerster LLP
1290 Avenue of the Americas
New York, NY 10104
(212) 468-8045
Fax : (212) 468-7900
Email:
lmarinuzzi @ mofo.com

Paul Kenan Schwartzberg
Office of the United States Trustee
33 Whitehall Street
21st Floor
New York, NY 10004
(212) 510-0500
Fax : (212) 668-2255

U.S. Trustee
United States Trustee
33 Whitehall Street
21st Floor
New York, NY 10004
(212) 510-0500

   
Claims and Noticing Agent
Kurtzman Carson Consultants LLC
2335 Alaska Avenue
El Segundo, CA 90245
310-751-1507
Tax ID / EIN: 474-4127-4

   
Creditor Committee
Gramercy Emerging Markets Fund, Counsel for member of the Official Committee of Unsecured Creditors
c/o Siller Wilk LLP
675 Third Avenue
New York, NY 10017
212-421-2233

rep. by Eric J. Snyder
Siller Wilk
675 Third Avenue
9th Floor
New York, NY 10017
(212) 421-2233
Fax : (212) 752-6380
Email:
esnyder @ sillerwilk.com

Creditor Committee
Official Committee of Unsecured Creditors of Paper International, Inc., et al.
c/o Bingham McCutchen LLP
Attn: Timothy B. DeSieno, Esq.
Attn: Erin K. Mautner, Esq.
399 Park Avenue
New York, NY 10022
rep. by Erin Kate Mautner
Bingham McCutchen LLP
399 Park Avenue
New York, NY 10022
212-705-7932
Fax : 212-702-3643
Email:
erin.mautner @ bingham.com

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