Paper Towel Manufacturer Royal Paper Seeks Bankruptcy Protection Amid Financial Struggles

In a significant development within the consumer goods industry, Royal Paper, a prominent manufacturer known for its paper towel products, has announced that it is filing for bankruptcy protection. This decision comes as a result of ongoing financial difficulties exacerbated by increasing production costs and heightened competition in the market.

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Sun Capital-Backed Medical Centers Enter Chapter 11 Amid Sale Pursuit

In a significant turn of events, a group of medical centers backed by Sun Capital Partners have filed for Chapter 11 bankruptcy protection. This strategic move is part of a broader plan to sell the distressed assets in hopes of revitalizing operations under new ownership. The centers, facing financial difficulties exacerbated by declining patient volumes and rising operational costs, aim to attract buyers through this reorganization process.

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