Unsecured creditors are protesting the sale process lined up by SP Newsprint Holdings LLC, saying their "greatest fear"---that the company is focused solely on benefiting its lenders---has come true, Dow Jones DBR Small Cap reported today. SP Newsprint wants to place its assets on the auction block with a $145 million deal from a group of top-ranking lenders kicking off the bidding, a sale process it said has to move swiftly because the company is running out of money.
