Judge extends creditor protection for Northern Pulp

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A B.C. Supreme Court judge has extended creditor protection for Northern Pulp until the end of October. Justice Shelley Fitzpatrick ruled in favour of the company following a hearing on Friday.

Fitzpatrick, who will provide her reasons at a later date, also approved the company's use of up to an additional $8 million from a designated fund as it pursues efforts to reopen its pulp mill in Pictou County, N.S., and advances legal action against the Nova Scotia government for the mill closing in the first place.

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Source: CBC News

 

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