Vote date changes Catalyst Paper Corporation has announced a three-day extension for the meetings of its secured and unsecured creditors to consider the plan of arrangement under the Companies’ Creditors Arrangement Act. The meetings, previously scheduled for May 15, will now be held on May 18.
Kevin Clarke, president and CEO, said in a statement that the extension will allow discussions with creditors and other stakeholders about the proposed restructuring plan to continue.
The company expects the court date to sanction and approve the plan of arrangement will be rescheduled to May 23.
