NORPAC Foods, Inc. – Subject to Resolution of Union Dispute, Court Approves APA in Respect of $49mn Sale to Refrigerated Transport Leader Lineage Logistics

January 15, 2020 – The Court hearing the NORPAC Foods cases issued an order [Docket No. 561] approving the asset purchase agreement (the “APA”), dated December 18, 2019, amongst the Debtors and Lineage Master RE, LLC (the “Buyer,” an affiliate of Lineage Logistics) further to which the Buyer agreed to purchase a substantial portion of…