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Paper Towel Co. Royal Paper OK'd To Tap Part Of Its DIP Loan

By Yun Park · April 10, 2025, 5:54 PM EDT

A Delaware bankruptcy judge on Thursday gave interim approval for Arizona-based Royal Interco LLC, which supplies private-label paper products for grocery chains including Trader Joe's and Aldi, to tap part of...

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Bankruptcy Scorecard

Summary

Arizona-based Royal Interco LLC, which supplies private-label paper products for grocery chains including Trader Joe's, Whole Foods, Kroger and Aldi, filed for Chapter 11 protection in Delaware, saying it has $205 million in outstanding secured debt and a stalking horse bid to acquire the company for $126 million.

Case Number

25-10674

Judge

Thomas M. Horan

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

Between $100 million and $500 million

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