Columbia Pulp I assets may go up for auction in June


May 11, 2023

-File photo

A King County judge may approve a plan to auction the assets of Columbia Pulp I, LLC, in a hearing on May 18.

SEATTLE–The receiver of Columbia Pulp I, LLC, will ask a King County Superior Court judge to approve a process to auction the assets of the Starbuck-area straw-to-pulp plant in a hearing set here on May 18.

Lance Miller, the receiver, was appointed in April, 2022, to handle recovery of stakeholders' value, an action initiated by UMB Bank, N.A. when the Columbia Pulp failed to make payments when du...

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