FirstLine Corp., manufacturer of building products and industrial packaging, filed a Chapter 11 petition in the Middle District of Georgia on March 6, 2006. FirstLine has over 400 employees, and 2005 revenues of $70 million.
Update: The Debtor has filed a Motion to Approve the Sale of its assets pursuant to Section 363 and to Approve Bidding Procedures. The Motion does not identify any potential suitors for the assets, but states that the debtor has engaged in extensive marketing efforts.
