Orchids Paper Products Company – Court Approves Bidding Procedures with Amended Bidder Protections, Schedules Sale Hearing for July 1

May 20, 2019 – The Court hearing the Orchids Paper Products Company case issued an order (i) approving amended bidding procedures for the Debtors' sale of assets, including the removal of proposed break-up and expense reimbursement fees, (ii) authorizing entry into a pair of agreements with the stalking horse bidder (an “Option Agreement" and "Stalking…