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AbitibiBowater seeking approval for reorganization

With court approvals from both Canada and the U.S. in place, AbitibiBowater has begun soliciting votes from creditors to accept or reject its restructuring plans. The company mailed the solicitation a…

With court approvals from both Canada and the U.S. in place, AbitibiBowater has begun soliciting votes from creditors to accept or reject its restructuring plans. The company mailed the solicitation and voting materials in connection with the creditor protection proceedings to its unsecured creditors, including employees, in August.

The unsecured creditors committee supports the plans and the disclosure documents.