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Judge Says Bankrupt Maine Paper Company Must Repay $3.2 Million.

By Deborah Turcotte, Bangor Daily News, Maine Knight Ridder/Tribune Business News

Jul. 30--Lambert Bedard and Inexcon Maine, former owners of bankrupt Great Northern Paper Inc., are responsible for paying back more than $3 million in loans to Katahdin Federal Credit Union in Millinocket, a Superior Court judge has ruled.

But actual collection of the money still is a long way off, if it happens at all.

Penobscot County Superior Court Justice Jeffrey L. Hjelm ruled last week that Bedard and Inexcon Maine defaulted on three loans from Katahdin

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