News Archive: April 2012

Catalyst Paper obtains extension to its protection order under CCAA to June 30, 2012

Richmond, BC – Catalyst Paper announced today that it has obtained an order from the Supreme Court of British Columbia extending its protection under the Companies’ Creditors Arrangement Act to June 30, 2012.  This extension will provide the company with additional time to pursue restructuring alternatives including the previously announced plan of compromise and arrangement which is to be considered at creditors’ meetings to be held on May 2, 2012.

Catalyst Paper reschedules Creditor meetings and Court date to consider Plan of Arrangement

Richmond, BC – Catalyst Paper announced today that meetings of its secured and unsecured creditors to consider the plan of arrangement under the Companies’ Creditors Arrangement Act have been changed from April 23, 2012 to May 2, 2012.

The rescheduled meetings will be held at the same location (Delta Vancouver Airport Hotel, 3500 Cessna Drive, Richmond, BC) at 10:00 am for unsecured creditors and 11:00 am for the First Lien Noteholders.

The court date to sanction and approve the plan of arrangement has also been rescheduled from April 25, 2012 to May 7, 2012.

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