Filing Alert: Royal Paper Chapter 11
Royal Paper Files Chapter 11 in District of Delaware
Update (April 15, 2025): Bondoro has published a full case summary for the Royal Paper Chapter 11 filing.
Bondoro
Royal Interco, LLC and its debtor affiliates⁽¹⁾, known as Royal Paper, a Phoenix, AZ-based manufacturer and distributor of paper products, filed for Chapter 11 protection on Apr. 8 in the U.S. Bankruptcy Court for the District of Delaware.
The debtors will seek court approval for DIP financing provided by NXT Capital, LLC to fund the cases and facilitate a sale process for substantially all assets. The process is expected to be anchored by a stalking horse APA with Sofidel America Corp., subject to higher and better offers.
The company reports $100 million to $500 million in both assets and liabilities. The filing indicates that no funds will be available for distribution to unsecured creditors after administrative expenses are paid. The case number is 25-10674.
⁽¹⁾ For a complete list of debtor entities, see the Chapter 11 Debtors table.
Chapter 11 Debtors
Top Unsecured Claims
Key Parties
Counsel:
- Robert J. Dehney
- Morris, Nichols, Arsht & Tunnell LLP
- Email: rdehney@morrisnichols.com
Investment Banker:
- Livingstone Partners LLC
Financial Advisor:
- Novo Advisors, LLC
Signatories:
- Michael Ragano – Chief Restructuring Officer
Claims Agent:
- Epiq Corporate Restructuring, LLC
Equity Security Holders:
- RP Holdco, LLC – 100% Equity Interest
Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.
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