Smart Papers files for Bankruptcy.SMART PAPERS FILES FOR BANKRUPTCY. Smart Papers LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , Hamilton, Ohio, USA and certain of its affiliates announced they have filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code with the United States Bankruptcy Court bankruptcy court n. the specialized Federal court in which bankruptcy matters under the Federal Bankruptcy Act are conducted. There are several bankruptcy courts in each state, and each one's territory covers several counties. for the District of Delaware. SMART Papers also filed motions with the Court seeking immediate relief to ensure the company's continued ability to conduct normal operations. The case was filed late yesterday afternoon. The company said Chapter 11 protection will enable it to address its financial challenges and become a more efficient, cost-effective manufacturer and supplier of printing papers in North America. SMART Papers said it expects to continue operations at its Hamilton, Ohio, paper-making center, and its Buena Park, California distribution facility, as well as through its affiliate's West Chicago, Illinois West Chicago is a city in DuPage County, Illinois, United States. The population was 23,469 at the 2000 census. Formerly named Turner Junction after its founder, John B. Turner, president of the G&CU In 1855. distribution center, throughout the Chapter 11 process. To help support its business during the Chapter 11 proceedings Chapter 11 Proceedings Provisions of the Bankruptcy Reform Act under which the debtor firm is reorganized by a court because the estimated value of the reorganized firm exceeds the expected proceeds from its liquidation. , SMART Papers has obtained debtor-in-possession (DIP) financing from Wachovia Capital Finance, Ft. Lauderdale, and CIT n. 1. A citizen; an inhabitant of a city; a pert townsman; - used contemptuously. Which past endurance sting the tender cit. - Emerson. Group, New York. |
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