Bankruptcy Canada Links

Catalyst Paper Seeks U.S. Bankruptcy Protection Amid Canada Reorganization

Catalyst Paper Corp. (CTL) , a Canadian newsprint maker, sought bankruptcy protection from U.S. creditors requesting recognition of its main Canadian court proceeding.

Canada's Catalyst Paper files for Chapter 15 bankruptcy

(Reuters) - Canada's specialty paper and newsprint producer Catalyst Paper Corp filed a Chapter 15 proceeding in a U.S. bankruptcy court in Delaware, court papers showed. The Richmond, British Columbia-based company listed both assets and liabilities of more than $1 billion in a court filing. Catalyst has been struggling with rising costs of recycled fiber and energy, and lower demand from China ...

Catalyst Paper files for Chapter 15 bankruptcy

(Reuters) - Canada's Catalyst Paper Corp filed for Chapter 15 protection in a U.S. court on Tuesday as the specialty paper and newsprint producer grappled with rising costs of raw materials and lower demand. Catalyst is the latest in line of paper producers that have succumbed to higher costs, increased competition from Asia and Europe, and falling demand as more advertisers and readers move ...

Ducana declares bankruptcy

A local window and door manufacturer filed for bankruptcy on Friday. According to information obtained by The Chatham Daily News from the Office of the Superintendent of Bankruptcy Canada, Ducana Windows & Doors Ltd.[...]

Kodak Files for Bankruptcy as Digital Era Spells End to Film

Eastman Kodak Co., the photography pioneer that introduced the Brownie Camera more than a century ago, filed for bankruptcy after consumers embraced digital cameras, a technology Kodak invented and failed to commercialize.