US, Canadian authorities set Nov. 13 filing deadline for AbitibiBowater creditor claims

AbitibiBowater creditors get filing deadline

NEW YORK — U.S. and Canadian authorities set a Nov. 13 deadline for creditor claims against AbitibiBowater, the newsprint maker said Friday.

The Quebec Superior Court in Canada and the U.S. Bankruptcy Court for the District of Delaware also established procedural rules for filing the creditor claims.

“Launching the claims process at this juncture demonstrates continued progress in AbitibiBowater’s restructuring efforts,” said AbitibiBowater CEO David J. Paterson.

“This key step in our creditor protection filings will allow the company to better assess the scope and nature of creditor claims and assist AbitibiBowater in formulating a restructuring plan.”