Law360: Paper Towel Maker for Trader Joe’s, Aldi Files for Ch. 11
Morris Nichols is lead debtors’ counsel to paper products company Royal Interco LLC and its affiliates in their Chapter 11 cases filed in Delaware on April 8, 2025. The Arizona-based company produces paper goods sold in household-name grocery stores, including Trader Joe’s, Kroger, Whole Foods, and Aldi.
Royal Interco files for bankruptcy with a stalking horse bid in hand for substantially all of its assets from Sofidel, a global manufacturer of paper for hygienic and domestic use. Sofidel announced its entry into the Stalking Horse Asset Purchase Agreement (APA).
The matter is ongoing with Morris Nichols partners Rob Dehney, Matt Talmo and Jason Russell leading the engagement, with team members Scott Jones, Clint Carlisle and Brianna Turner assisting.