from Nickie Seckera of Community Water Justice
August 31, 2014
Hello everyone, Update from Western Maine –
It pleases me to hear that gubernatorial candidate Mike Michaud has vocalized a lack of support for an East-West Corridor. YES. Michaud has however expressed interest in exploring / supporting rail options for the transport of natural resources. Here is Western Maine, things are becoming more serious now in discussions of resurrecting the Mountain Division rail line from Montreal to Portland through […]
Continue reading Rail / Water ties with Nestle: update from Western ME
AlterNet/By Maude Barlow, published Sept. 6, 2012 We should be encouraging the youth in our society to do exactly what Robyn is doing — engaging in local politics, acting to protect the environment and questioning the world around her. In the last year, municipalities across Ontario and the rest of the country have begun taking a much-needed stand to protect local water sources. Since World Water Day in 2011, nine municipalities across Canada have become Blue […]
Continue reading Meet the 13-Year-Old Taking On Bottled Water
Tuesday, January 10, 2012
The detention of two executives of Malom Group AG – and the difficulties of the Swiss company in proving two Brazilian bonds it holds are legitimate – has held up closing on a $60 million loan that would enable bankrupt USA Springs to complete its controversial water bottling plant in Nottingham.
According to a Malom emergency filing, filed Jan. 3 in U.S. Bankruptcy Court in Manchester, Swiss authorities took Malom president Hans-Jurg Lips into “investigative […]
Continue reading USA Springs deal is muddied again
USA Springs bailout delayed again
Wednesday, December 21, 2011
Money to bail out USA Springs still has not arrived, forcing creditors to consider alternatives, including liquidation and foreclosure.
Malom Group AG — the bankrupt company’s Swiss financier – was supposed to deposit $7 million on Dec. 9 into the account of USA Springs, which is trying to build a controversial bottling plant near the border of Nottingham and Barrington.
The payment was supposed to be the first installment of […]
Continue reading USA Springs Bailout Delayed Again
from New Hampshire Business Review: December 7, 2011
For the third time in as many months, the bankrupt USA Springs has been unable to close on a $60 million loan because initial funding from its Swiss underwriter, Malom Group AG, still has not arrived.
The deal, which would enable the company to resume construction on its controversial partially completed bottling plant on the border of Nottingham and Barrington, was originally supposed to close on Oct. 3, with the arrival of […]
Continue reading USA Springs Loan Deal Remains Elusive
By SCOTT E. KINNEY email@example.com
Sunday, July 10, 2011
NOTTINGHAM — For years commuters along Route 4 between Barrington and Nottingham have driven by a rather innocuous and incomplete building along the roadside.
The building is the physical property of USA Springs, a water bottling company nearly 10 years, and counting, in the making. The structure was just beginning to take shape on the 100-acre parcel, which straddles the Barrington/Nottingham border, when the business declared bankruptcy…
…Before the filing the […]
Continue reading Opposition strong in Barrington, Nottingham as USA Springs seeks new funds