Awaiting Decision in Pacific Lumber Bankruptcy Case
The closing arguments in the PL bankruptcy case were made this past thursday. The Mattole has been largely left alone by PL in the past few years, first due to thier "watershed analysis" and later to the financial troubles the company faces thanks to the extreme rate of logging mandated by their owner for the last two decades, Charles Hurwitz of the Maxxam corporation. We await news of the judges decision which may be issued at any point now.