Appleton Papers Inc., at June 29, 2008, recorded a total indemnification receivable from Arjo Wiggins Appleton Limited (AWA) amounting to US$164.6 million, of which US$14.9 million is recorded in other current assets and US$149.7 million is recorded as an environmental…
Appleton Papers Inc., in April 2008, received insurance proceeds recorded as US$22.3 million of income, net of fees, pursuant to a judgment in favor of Appleton which was entered in March 2008.
In 2007, a Wisconsin state appellate court issued…
Appleton Papers Inc. continues to face a potential liability for groundwater contamination at the West Carrollton facility.
The Company said that the West Carrollton mill operates pursuant to various state and federal permits for discharges and emissions to air and…
Appleton Papers Inc., during the first six months of 2008, made US$14.3 million of payments against a reserve for its potential liability for the Lower Fox River approximating US$194 million at Dec. 29, 2007.
This resulted in a remaining reserve…
Appleton Papers Inc. and NCR Corp. filed a lawsuit in January 2008, in federal court against P.H. Glatfelter Company, Menasha Corporation and George A. Whiting Paper Company in an effort to require other potentially responsible parties to contribute to the…