THURSDAY, MARCH 1, 2012
VOL. 20 NO. 201
BERLIN, N.H.
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Former owner of Gorham mill part of group that submits highest bid for Isaacson Structural Steel BY BARBARA TETREAULT THE BERLIN DAILY SUN
BERLIN – A group of three firms that specialize in acquiring and auctioning distressed industrial properties submitted the highest bid yesterday for the bankrupt Isaacson Structural Steel. One member of the group is Counsel RB Capital, the former owner of the Gorham Paper and Tissue mill. The other two firms involved are Myron Bowling Auctioneers and Hilco Industrials. Their bid was $2.4 million. Hilco Industrial, with offices in the U.S., Canada, and the United Kingdom, describes itself as a worldwide leader in machinery and equipment auctions. Based in Hamilton, Ohio, Myron Bowling is also an industrial auction firm. Counsel RB Capital focuses on identifying, acquiring and monetizing distressed and surplus capital assets. Yesterday, Jonathan Reich of RB Capital said it was too early to talk about plans for the steel fabrication business on Jericho Road. He said the group is still formulating what it wants to do with the Isaacson assets. He noted the purchase still has to be approved by the bank-
ruptcy court on March 8. Reich said he is familiar with the Berlin-Gorham area because of his company’s prior ownership of the Gorham mill. Counsel RB Capital purchased the former Fraser paper mill in Gorham in December 2010 and sold it the following May to Patriarchal Partners. Isaacson Bankruptcy Attorney William Gannon said there were three qualified bidders at yesterday’s auction. In addition to the group of high bidders, there was Koster Industries, of Boston and New York, a leading U.S. industrial auctioneer, appraiser, and liquidator. The third bidder was the Texas-based G.T. Sales, doing business as Investment Recovery Services, designated as a stalking horse bidder with a bid of $2 million. Isaacson has until today to file a motion for approval of the sale of its assets with parties given until March 6 to file objections to the sale. The closing would not take place until March 31 to allow Isaacson to complete any contracts in process. Held at the Manchester law offices of Nixon see ISAACSON page 6
Shannon Orr
Two indicted in armed home invasion case BY MELISSA GRIMA THE BERLIN DAILY SUN
LANCASTER — Two men, believed to be involved in an armed home invasion on New Year’s Eve in Berlin, were indicted on charges stemming from the incident by a Coos Grand Jury last week. Jonathan Leite, 28, of Third Avenue, Berlin, and Nicholas Belanger, 24, of Wight Street, Berlin, were each charged for their suspected roles in the crime. Leite was indicted on two charges of attempted armed robbery, one count of burglary, a charge of first degree assault and two counts
of criminal restraint. He is accused of entering the Cheshire Street residence of Ashley Bacon on Dec. 31, while armed with a handgun and holding Bacon and David Mulinski at gunpoint preventing them from leaving. He is also alleged to have struck Donald Letourneau with the butt of the gun, while attempting to rob him and Mulinski. Belanger is charged with criminal liability for the conduct of another and conspiracy to commit armed robbery. He is accused of aiding Leite in the purchase of the gun and ammunition used to carry out the crime, as well as drivsee INVASION page 6
Should city continue home health nursing program? BY BARBARA TETREAULT THE BERLIN DAILY SUN
BERLIN – The future of the city’s Home Health Nursing Program was raised at Monday’s city council work session. A new federal mandate, that will take effect Jan. 1, 2014, is projected to increase the current deficit in that operation. City Manager Patrick MacQueen stressed he was not seeking an immediate decision from the council. He said he wanted the council to think about the issue as it goes through the budget process over the next three months.
BERLIN 603-752-FONE (603-752-3663) 410 Glen Avenue
MacQueen explained that currently all reporting and billing tasks performed by the visiting nurses are done manually. Under the new mandate, the city must convert to a comprehensive computerized system known as an Electronic Health Record. MacQueen said an EHR is an aggregate electronic record of an individual’s health-related information that is capable of being shared by different health care organizations. It can be accessed by medical personnel and physicians across the country. To meet the Jan. 1, 2014 deadline, MacQueen see NURSING page 6
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Orr indicted for holding up pedestrian BY MELISSA GRIMA THE BERLIN DAILY SUN
LANCASTER — A man apprehended at gun point on the street in Gorham last November has been indicted by a Coos Grand Jury. Shannon Orr, 29, of Exchange Street in Gorham faces two charges of attempted robbery for allegedly displaying a knife and attempting to rob a man on Main Street. He is also charged with acts prohibited for possession of the prescription drug Alprazolam when arrested. At the time of his arrest Orr told police they were interfering with his mission to commit murder. Police reported at that time, that Orr had to be stunned twice with a taser to prevent him from fleeing and resisting arrest. He was found to be in possession of a kitchen knife, a paring tool, kitchen shears, and prescription medication at the time of his arrest, according to official reports. Orr is suspected of having approached Philip Green, a traveler staying at the Royalty Inn at 2 p.m., on Nov. 20, on the sidewalk in front of the hotel and demanding that Green put down his phone and give him his money, while brandishing a knife. Orr has prior burglary convictions. During his bail hearing on Nov. 21, Orr told the court that he did not recall the incidents of the previous day and he was held on $20,000 cash bail. He is scheduled to be arraigned in Coos Superior Court on March 9, at 9 a.m.
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