Unsecured Creditors Committee v. Belgravia Paper Co. (In re Great Northern Paper, Inc.)
District Court, D. Maine
1Opinion of the Court
ORDER ON EXPEDITED MOTION OF THE UNSECURED CREDITOR’S COMMITTEE FOR LEAVE TO FILE AN APPEAL
HORNBY, District Judge.
The Unsecured Creditor’s Committee (the “Committee”) has filed a motion for leave to file an appeal of the Bankruptcy Court’s order approving certain procedures concerning the sale of assets of Great Northern Paper, Inc. In particular, the Committee challenges the $5 million break-up fee to the “stalking horse bidder,” Belgravia Paper Company, Inc. (“Belgravia”), and the payment of Belgra-via’s expenses under certain circumstances. Exped. Mot. at 2 & n.l (Docket No. 3). Belgravia…
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