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Welcome to Humboldt Redwood Company

HRC Bulletin Board

Unsecured Trade Claims
Date: 10/09/2008 To: The General Public

We regularly get requests from unsecured creditors seeking information about the administration of the Scopac and Palco unsecured creditors trusts that were set up as part of the MRC/Marathon plan of reorganization.  Therefore we thought it would be helpful to provide the following:

Distribution Status:
All allowed Scopac trade claim payments were paid 100% in full on October 4th.  
Also on October 4th, allowed unsecured Palco claims received a distribution of 25% of their allowed claim.  
As soon as the larger disputed Palco claims are resolved a subsequent distribution will be made.  At this time we do not have a date for that distribution.

Contact Information:
For Palco unsecured or Scopac trade claim related questions, please contact:
Julianne Viadro, Trustee, PLC Litigation Trust.
by email:  viadro@hickeyhill.com
by phone: 925-283-7802.




Charitable or Non-Profit Contribution Requests
Date: 10/08/2008 To: The General Public
Many of us here at HRC are receiving requests for charitable contributions to worthwhile non-profit organizations in Humboldt County. We think this is great timing as we are currently forming the HRC Community Action Team (CAT). This cross-functional and diverse group of HRC employees will review all charitable or non-profit contribution requests (including non-monetary requests). The CAT will be provided a meaningful annual budget to distribute primarily within Humboldt County. They have a proven process whereby all requests are submitted by a deadline each year (for 2009 donation requests the deadline is 12/15/2008). This enables the Community Action Team to view all requests side-by-side, for fair and equal consideration by the team.
 
The attached letter will be mailed out soon to those organizations who in recent years received some support from Pacific Lumber Co., and it provides information on how to submit requests to the CAT.

Community Giving Kickoff for 2009 Letter (PDF size 48K)





Learn about the formation of Humboldt Redwood Company:

Updated 11/14/2008.

Updated 9/15/2008.   View now  
Email contacts for questions and comments

Forest management:
Mike Jani
- President and Chief Forester, HRC
mjani@hrcllc.com

Logs and lumber purchasing:
Marty Olhiser
- Senior Vice President, MFP
molhiser@hrcllc.com

Other business related:
Richard Higgenbottom
- CEO
rhiggenbottom@hrcllc.com

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