'The Great Redwood Forest'
by
Hank Sims
on
January 16, 2008 at 1:08PM
A new proposal for the future of Pacific Lumber was unveiled yesterday by The Nature Conservancy, the Save-the-Redwoods League, Bank of America and other organizations, including a local group that includes environmental activists Mark Lovelace and David Simpson. The consortium appears to be consulting with the holders of Pacific Lumber's principal debtors, the owners of $730 million dollars worth of "Timber Bonds."