Unsecured

FERC, Lincoln Paper and Tissue Estate Settle $5 Million Lawsuit

A federal agency has settled its $5 million civil lawsuit against Lincoln Paper and Tissue LLC by agreeing to seek restitution for a lesser amount when claims filed by unsecured creditors against the bankrupt mill’s estate are processed, officials said Monday. The Federal Energy Regulatory Commission agreed as part of the deal to place its claim for $379,016 in profits that FERC …