Posted on February 3, 2012 |
The union representing workers at NewPage Port Hawkesbury has filed a claim in bankruptcy court in Delaware seeking $168.2 million from the mill’s parent company. The claim from the Communications, Energy and Paperworkers Union, Local 972 is for benefits, including severance and pensions. The claim was filed Tuesday. It’s part of the Chapter 11 bankruptcy proceedings in the United States where all claimants had to until Friday to post a formal notice of what they calculate they are owned. Union spokesman Archie MacLachlan says the union isn’t optimistic about receiving a large sum of money at the end of the proceedings, because there are other secured creditors ahead of the workers. However, he adds it’s worth trying. The same process will be conducted in Canadian courts under Canadian bankruptcy law.



























