Great Northern Paper Bankruptcy Leaves 1,000 Maine Workers with Pennies on Dollar of Promised Pensions
Approximately 1,000 former Great Northern Paper workers in Millinocket and East Millinocket, Maine began receiving bankruptcy settlement checks representing ‘a small fraction’ of the pensions, vacation pay, and severance they spent decades earning at the once-dominant paper mills. …
Brookfield Asset Management
Cate Street Capital
Great Northern Paper Company
corporate-looting
pension-theft
bankruptcy-abuse
workers-rights
deindustrialization
+2 more
Read more →