NORPAC Foods, Inc. – Court Approves $155mn Sale to Oregon Potato Company After Last Minute Scramble Over Potential Liabilities

October 29, 2019 – Further to an October 28, 2019 sale hearing and absent any further bids beyond that of stalking horse bidder Oregon Potato Company (“OPC”), the Court hearing the NORPAC Foods cases issued an order approving the $155.0mn sale of substantially all of the Debtors’ assets to OPC [Docket No. 317]. All pretty…