...Sedwick said. The five-member AIDEA board still has to approve the proposal and it has to be accepted by Foothill Capital Corp., a major Gateway creditor, Sedwick said. Foothill plans to hold an auction July 16 to sell equipment at the...

...bringing an abrupt end to an auction in progress. The borough closed a deal with the mill's major creditor, Foothill Capital Corp., which had loaned the former Gateway Forest Products $14 million to operate the business. Ketchikan officials...

...keep Gateway afloat. In July, the borough purchased the veneer plant for about $2 million from Gateway creditor Foothill Capital Corp., moments before the mill was scheduled to be auctioned off. Among other allegations, the borough claimed that...

KETCHIKAN - Lawyers for Gateway Forest Products want the Ketchikan Gateway Borough, Ketchikan Pulp Co. and Foothill Capital Corp. to provide $400,000 for attorney fees and other administrative expenses. The money would come from cash the...

...Sealaska Corp. of Juneau, the Native corporation for Southeast, would supply logs from its extensive timberland. Foothill Capital Corp., a subsidiary of the Wells Fargo banking company, would get the state's purchase payment as the main creditor...