Pope & Talbot received approval from U.S. Bankruptcy Court Judge Christopher S. Sontachi to transition out of reorganization and begin liquidating its remaining mills - a worst-case scenario for the company's remaining employees who will likely lose their jobs.

Pope & Talbot will now move from Chapter 11 reorganization into Chapter 7 liquidation.

On May 13th, their pulp mill and plant in Halsey, Oregon will be auctioned.

Sources:
Pope & Talbot to liquidate remaining assets (Portland Business Journal)
Harmac closure a heavy blow (Nanaimo News Bulletin)