Verso Corp., Memphis, Tenn., has announced that the company and its subsidiaries have emerged from bankruptcy following a successful financial restructuring and confirmation of its Chapter 11 plan of reorganization by the U.S. Bankruptcy Court for the District of Delaware on June 23, 2016...
David Paterson
Verso Corp., Memphis, Tenn., has completed another important step toward its emergence from bankruptcy when its Chapter 11 plan of reorganization was confirmed by the U.S. Bankruptcy Court in the District of Delaware. This confirmation, which comes less than five months...
Verso Corp.’s Wickliffe, Kentucky-based paper mill will close after failing to find a buyer. The facility has been idle since November 2015, the result of a decline in demand for the company’s coated paper products and a significant influx of imports, according to a press release...
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