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IN RE GREAT NORTHERN PAPER, INC.

Bankruptcy No. 03-10048-LHK, Misc.No. 03-MISC-17-B-H.

289 B.R. 497 (2003)

In re GREAT NORTHERN PAPER, INC., Debtor. Unsecured Creditors Committee, Plaintiff, v. Belgravia Paper Company, Inc., Defendant.

United States District Court, D. Maine.

March 17, 2003.

Attorney(s) appearing for the Case

Daniel W. Sklar, Peabody & Brown, Manchester, NH, Jay S. Geller, Law Office of Jay S. Geller, Portland, ME, Victor G. Milione, Boston, MA, for Unsecured Creditors Committee, Plaintiff.

Michael A. Fagone, Robert J. Keach, Bernstein, Shur, Sawyer, & Nelson, Portland, ME, for Belgravia Paper Company, Inc., Defendant.

Daniel Bleck, Mintz Levin Cohn Ferris Glovsky & Popeo P.C., Boston, MA, David Bertoni, Martin I. Eisenstein, Brann & Isaacson, Lewiston, ME, Harold B. Murphy, Hanify & King, Boston, MA, for Great Northern Paper, Inc., Debtor-in-Possession.

ORDER ON EXPEDITED MOTION OF THE UNSECURED CREDITOR'S COMMITTEE FOR LEAVE TO FILE AN APPEAL

HORNBY, District Judge.

The Unsecured Creditor's Committee (the "Committee") has filed a motion for leave to file an appeal of the Bankruptcy Court's order approving certain procedures concerning the sale of assets of Great Northern Paper, Inc. In particular, the Committee challenges the $5 million break-up fee to the "stalking horse bidder," Belgravia Paper Company...

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