Owner of Papyrus Paper Stores Files for Bankruptcy in Delaware

Schurman Fine Papers files for protection from creditors, listing assets of as much as $50 million and liabilities of as much as $100 million.

• Company affiliates include Papyruschain of stationary stores
• Also operates or holds rights to the NIQUEA.D, Paper Destiny, Carlton Cards and American Greetings retail brands, per website
  • Schurman has said it will close all of its Papyrus stores, Retail Dive reported last week
• The case is Schurman Fine Papers, 20-10135, U.S. Bankruptcy Court District of Delaware

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Jeremy Hill in New York at jhill273@bloomberg.net

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