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Union votes ‘no' to Fraser Papers' restructuring plan

Mon 10 Jan 2011 03:00:06 PM EST
The Communications, Energy and Paperworkers Union (CEP) and other major creditors of Fraser Papers today voted down the proposed Plan of Arrangements to complete the CCAA restructuring of the company. The plan sponsored by Brookfield Asset Management was rejected by the pension plan creditors of the former Fraser Papers which together cast $185 million against [...]

Posted by ForestTalk.com



 


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