Restructurings

LSC Communications, Inc. and most of its U.S. subsidiaries has voluntarily filed for Chapter 11 Bankruptcy. LSC's subsidiaries in Mexico and Canada are not included in the court proceedings and will continue to operate in the normal course.

Quad/Graphics Inc. said it has temporarily furloughed employees throughout the company and suspended operations at a number of its plants.

Södra Skog is introducing short-time working at its harbour operations in Mönsterås. Due to a reduction in demand in the UK and the Republic of Ireland during the ongoing pandemic, Södra Wood has introduced short-time working at its production facility in Mönsterås and the harbour operations are affected as a consequence of this.

As the COVID-19 pandemic is quickly evolving, the companies will continue to monitor the circumstances of the virus and any recommendations or directives of government and health authorities and will advise shareholders as necessary of any further updates regarding the AGMs.

Sententia Capital Management, LLC and its affiliates announced that it has delivered a letter to the LSC Communications Board of Directors and stockholders.

Weeks after issuing an earnings that report that revealed the company lost $295 million last year, publication printer LSC Communications is preparing to file for Chapter 11 bankruptcy, according to reports, citing "people with knowledge of the plans."

The Rights Agreement is designed to ensure that all LSC stockholders receive fair and equal treatment in the event of any proposed takeover of the Company and to guard against tactics to gain control of LSC without paying all stockholders a premium for that control.

R.R. Donnelley & Sons Company announced that RRD has sent a letter to Chatham Asset Management, LLC in response to Chatham's February 28, 2020 letter to RRD's Board Chair and President and Chief Executive Officer.

Sententia says it has nominated six directors and are committed to working for the benefit of shareholders and the Company, not simply management and the LSC Board.

The liquidator of Hindustan Paper Corporation (HPC) told Delhi High Court on Tuesday that measures would be taken to revive the two paper mills in Assam and that the process would be started in the next few weeks.

The Supervisory Board of Lenzing AG has appointed two new members to the company's Management Board. Stephan Sielaff will serve as the new Chief Technology Officer effective March 1, 2020, succeeding Heiko Arnold, who left the Lenzing Group in November 2019.

Trivselhus President, Mikael Olsson, has informed the Board of Directors that he is to relinquish his position for health reasons.

Arauco announced that it will be closing its particleboard line in Moncure, N.C., as of April 2020.

Arauco North America said the closure results from an "economic imbalance" in the U.S. market for medium density fiberboard. The company said it will shift Eugene production work to its other U.S. facilities.

Following the announcement released on 29 January 2020, the Lecta Group (as defined below) is pleased to announce the completion of a comprehensive recapitalisation transaction (the "Recapitalisation"), as initially announced on 24 September 2019.

Arup Basu has been the Managing Director for Huhtamaki's Flexible Packaging business in India since 2017.

Citing a drop in publisher demand for print publication titles and significant structural changes impacting the industry, Chicago-based LSC Communications filed a Form 8-K with the Securities & Exchange Commission (SEC) on Jan. 14 announcing it will close its manufacturing facilities in Strasburg, Va.; Glasgow, Ky.; and Mattoon, Ill.

Leaders of Verso are asking shareholders to ward off what it calls a proxy contest by approving its slate of board nominations.

"We urge Verso Stockholders to not be fooled by the deceptive practices employed by Lapetus, Atlas and Blue Wolf to confuse you and to deflect attention from their ultimate objective - to control the Company without paying for it."

Atlas and Blue Wolf have also sent a letter to stockholders outlining their significant concerns regarding the business performance and governance of Verso and why they believe the election of their three highly-qualified nominees to the Board of Directors of Verso (the "Board") is necessary to ensure that the Company is run in the best interests of all stockholders.

Fortress Global Enterprises Inc. announces that its senior secured lenders have filed an application with the Superior Court of Québec to commence restructuring proceedings in respect of the Company and certain of its material subsidiaries under the Companies' Creditors Arrangement Act ("CCAA"). Deloitte Restructuring Inc. (the "Monitor") is proposed to be appointed as monitor. Details of the CCAA filing and related matters will soon be available on the Monitor's website.

Verso Corporation announced that it has filed definitive proxy materials with the U.S. Securities and Exchange Commission ("SEC") in connection the Company's upcoming 2019 Annual Meeting of Stockholders (the "Annual Meeting"), scheduled for January 31, 2020.

Rayonier Advanced Materials Inc. announced that the Company plans to re-submit two management proposals to the Company's stockholders for a vote at its next Annual Stockholder Meeting in 2020.

The Board of Directors of BillerudKorsnäs AB has appointed the current Chairman of the Board, Lennart Holm, as acting CEO from November 5, 2019. Petra Einarsson leaves as CEO with immediate effect.

Major changes are coming to Appvion's Spring Mill.