Tuesday, September 8, 2009

Abitibi Creditors

U.S. and Canadian authorities have set a November 13 deadline for creditor claims against AbitibiBowater.

The Quebec Superior Court in Canada and the U-S Bankruptcy Court for the District of
Delaware also established procedural rules for filing the creditor claims.

Company C-E-O David Paterson says the claims process will low the company to assess the scope and nature of creditor claims and assist AbitibiBowater in formulating a restructuring plan.