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Published on 11/9/2010 in the Prospect News Distressed Debt Daily.

AbitibiBowater's plan confirmation hearing continued to Nov. 12

By Lisa Kerner

Charlotte, N.C., Nov. 9 - AbitibiBowater Inc.'s hearing to confirm its Chapter 11 plan of reorganization was continued to Nov. 12 so that the parties can update the court on various discussions, according to an attorney familiar with the case.

The company said previously it expected to emerge from bankruptcy this fall.

AbitibiBowater, a Montreal-based producer of newsprint, commercial printing papers, market pulp and wood products, filed for bankruptcy on April 16, 2009 in the U.S. Bankruptcy Court for the District of Delaware. Its Chapter 11 case number is 09-11296.


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