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Creditors at a special meeting in Toronto today have approved Fraser Papers‘ amended restructuring agreement today by a vote of 94%. Last month, creditors voted against Fraser Papers restructuring proposal because they did not feel it was in the best interest of the company’s pensioners. Under the new restructuring plan, Fraser Papers has said it [...]
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Creditors approve Fraser Papers' amended restructuring agreement
Tue 08 Feb 2011 03:00:03 PM ESTCreditors at a special meeting in Toronto today have approved Fraser Papers‘ amended restructuring agreement today by a vote of 94%. Last month, creditors voted against Fraser Papers restructuring proposal because they did not feel it was in the best interest of the company’s pensioners. Under the new restructuring plan, Fraser Papers has said it [...]
Posted by ForestTalk.com
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