Wednesday, April 30, 2008

PL Negotiating Deal With Mendocino Redwood Company

The bankruptcy hearings on the reorganization of Pacific Lumber have taken another twist. The company asked for a break in court yesterday so that they can discuss what appears to be PL trying to come on board the MRC/Marathon plan. Not sure what is driving PL to do that other than the fact that their own reorg plan is "dead in the water" as Judge Schmidt put it. Perhaps this is what PL lawyer Frank Bacik alluded to when he said there would be an 11th hour surprise. Times Standard reporter John Driscoll writes that the plan would "fit within the boundaries" of the existing Mendocino Redwood plan. I find that hard to believe.

9 Comments:

At 4/30/2008 02:03:00 PM, Blogger Heraldo Riviera said...

It's unclear whether Maxxam will be involved in the reorganized PL. If it is, Mendocino Redwood may lose the goodwill of Humboldt County residents who strongly want Maxxam out.

 
At 4/30/2008 08:56:00 PM, Blogger John Doe #86 said...

Good point.

I bet PL is trying to get MRC to keep it's current managers in place too. MRC can use that as a bargaining chip.

 
At 5/01/2008 11:10:00 PM, Anonymous Bolithio said...

God I just want it to happen and be done with. Enough already. No matter what there will be aspects of the plan that will draw criticism - but it will be better than whats happening now.

 
At 5/02/2008 07:57:00 AM, Blogger John Doe #86 said...

I just want it to be done too and will continue to scrutinize what's happening. It's been a long time coming. I strongly hope it doesn't go to auction. I suspect this isn't the last suprise we'll see in the bankruptcy.

 
At 5/02/2008 10:25:00 PM, Blogger Stephen said...

It's really too bad you enviros could not get past your egos and helped Bear River's Heartlands Project when they asked you for help.

It's too bad you enviros cannot see past your egos and help the Palco Community Corporation now. It seems standing back and watching Maxxam and the Fisher "Let's Make a Deal" is more important than doing something to stop the continuing Maxxam farce.

 
At 5/03/2008 02:31:00 PM, Blogger John Doe #86 said...

Is that how you try to build bridges Steve? I've never heard of the Palco Community Corporation and your attitude does not inspire curiosity.

 
At 5/04/2008 11:56:00 AM, Blogger Stephen said...

No excuses please. You enviros haven't earned respect from Bear River's Heartlands Project because you've tried to thwart Bear River's Native American attempt to regain Headwaters as their ancestral land.

This is why we've not talked to you before because when we did years ago, no help from you guys was offered at all and enviro leaders such as Darryl Cherney and Ken Miller went out of their way to try to sabotage Bear River's Heartlands Project.

And beside that, this isn't about Steve Lewis. This is about Native Americans getting some social justice for the holocaust they went through that lost them the lands that Palco sits on. This is about Palco workers taking control of their own company. This is about stopping PL from once again going into Maxxam and/or super rich out-of-area corporate owners who have no stake in Humboldt's economic life other than extracting as much money from Humboldt resources as possible.

If you want to learn about PCC, go to the PCC blog site at:
http://palcocommunitycorporation.
blogspot.com/

If you want to throw more smears at Steve Lewis, go ahead but know that no one is fooled. Either enviros help Native Americans and Palco workers or they don't. Your choice. Your ethical decision.

 
At 5/05/2008 09:01:00 AM, Anonymous Bolithio said...

wow I didn't know I was part of a cool club!? Do 'enviros' get special shirts? Where's my decoder ring!?

Another thing that would be cool is if this world worked in black and white certainty. Ethical decisions are an illusion in my opinion. They only relate to people (as opposed to the land), who all have different ideas of what is ethically correct. That is why every idea is wrong in someones eyes. Me for instance, who is 100% behind the application of clearcut, probably doesn't win me too many friends in the enviro club.

This isnt about name dropping. This isnt about hippies or rednecks. Find us people or a company from within Humboldt who has the money and capacity to manage the 250K acre ranch and we will take it dont you think?> How about a collective of the counties pot growers, or better yet; the Casinos!

PALCO apparently sucks at running their company. Its time for us to wash our hands with it, and start over.

Oh and everyone is fooled.

 
At 5/05/2008 12:16:00 PM, Blogger Stephen said...

We don't have time to reinvent the wheel at this late date in the game.

Palco Community Corporation is set to enter into the Corpus Christi bankruptcy, has filed all documents in a timely manner, documents all recorded and official, But Judge Richard Schmidt is ignoring them because we have no lawyer present at court.

And because the judge is ignoring us, our local news media refuse to report our efforts. Even KMUD which did interview Don Brenard and me a month and a half ago before Bear River Tribal Council disowned Heartlands..again..but KMUD too pulled that interview from their news report.

$35,000 pays for a Corpus Christi bankruptcy lawyer set to take the case and buys entry into the Palco bankruptcy. But I don't have any money and neither did my Bear River tribal partners on the Heartlands project and without the Tribe financial backing the Heartlands project was and is dead in the water.

We can stop Maxxam and another super richie from taking ownership and control of Palco away from local hands if there is a will do do so. I'm just pushing the envelope to see if there is any such will left in either the Palco workers or enviro community.

To see how a worker's owned and managed Palco Community Corporation would work go to:

http://palcocommunitycorporation.
blogspot.com/

 

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