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The “weird” legal mechanism being used by Northern Pulp in its $450 million lawsuit against Nova Scotia

Northern Pulp's biggest debt is a paper debt to its owner, Paper Excellence, and that indebtedness is being used to circumvent Nova Scotia's environmental laws.

June 11, 2022 By Joan Baxter 5 Comments

This is the second of a two-part story examining how the Companies’ Creditors Arrangement Act is being employed in a lawsuit seeking $450 million from the province of Nova Scotia. Read Part 1 here. Three months before Mountain Equipment Co-op went to the British Columbia Supreme Court for creditor protection in 2020, Northern Pulp – […]

Filed Under: Featured, Investigation, News, Province House Tagged With: 1057863 B.C. Ltd., A’se’K, Anna Lund, AP&P, Asia Pulp & Paper, Bankruptcy and Insolvency Act, Boat Harbour, Boat Harbour Act, British Columbia, British Columbia Court of Appeal, British Columbia Supreme Court, British Virgin Islands, Bruce Chapman, Bujung Wahab, CCAA, Chinese banks, Companies’ Creditors Arrangement Act, court monitor, creditor protection, creditors, debt agreement, Deloitte LLP, Deutsche Bank, Effluent Treatment Facility, environmental assessment, Environmental Racism, Erin Graces, Ernst & Young Inc, federal legislation, Hervey Investment BV (Netherlands), Howe Sound Pulp & Paper, Inter-corporate ownership, Justice Shelley Fitzpatrick, Justice Thomas Cromwell, Maurice Chiasson, MEC, mediation, Mountain Equipment Co-op, New York Stock Exchance, Northern Pulp, Nothern Pulp Nova Scotia Corporation, Nova Scotia, Nova Scotia Environment and Climate Change, nova scotia supreme court, Paper Excellence, Paper Excellence Canada Holdings Corporation, Pictou Landing First Nation, pulp mill, Robert Grant, Saskatchewan, Sinar Mas Group, Singapore, Statistics Canada, The Wall Street Journal, Timothy Mapes, Widjaja family

The demise of Mountain Equipment Co-op could spell expensive trouble for Nova Scotia

In 2020, a federal law and a BC judge dismantled Mountain Equipment Co-op. Now, the same federal law that was used to destroy MEC is being cited by Paper Excellence in its $450 million lawsuit against the province of Nova Scotia related to the creditor protection of Northern Pulp. And the case is being heard by the same judge.

June 9, 2022 By Joan Baxter 4 Comments

Mountain Equipment Co-operative is no more. In September 2020, Mountain Equipment Co-operative filed for creditor protection. A month later, a judge ordered that the co-ops’ assets be sold to a Los Angeles-based private equity firm, and Mountain Equipment Co-operative became Mountain Equipment Company. Now, the same federal law that was used to dismantle Mountain Equipment […]

Filed Under: Environment, Featured, News, Province House Tagged With: Alvarez and Marsal, Anna Lund, Brandon Pullan, British Columbia Supreme Court, Companies" Creditors Arrangement Act (CCAA), David Smart, Harley Rustad, Justice Shelley Fitzpatrick, Kevin Harding, Kingswood Capital Management, Michael Parent, Mountain Equipment Co-op (MEC), Mountain Equipment Company (MEC), Northern Pulp, Paper Excellence, Save MEC campaign, Yuill Herbert

PRICED OUT

A collage of various housing options in HRM, including co-ops, apartment buildings, shelters, and tents
PRICED OUT is the Examiner’s investigative reporting project focused on the housing crisis.

You can learn about the project, including how we’re asking readers to direct our reporting, our published articles, and what we’re working on, on the PRICED OUT homepage.

2020 mass murders

Nine images illustrating the locations, maps, and memorials of the mass shootings

All of the Halifax Examiner’s reporting on the mass murders of April 18/19, 2020, and recent articles on the Mass Casualty Commission and newly-released documents.

Updated regularly.

Uncover: Dead Wrong

In 1995, Brenda Way was brutally murdered behind a Dartmouth apartment building. In 1999, Glen Assoun was found guilty of the murder. He served 17 years in prison, but steadfastly maintained his innocence. In 2019, Glen Assoun was fully exonerated.

Halifax Examiner founder and investigative journalist Tim Bousquet has followed the story of Glen Assoun's wrongful conviction for over five years. Now, Bousquet tells that story as host of Season 7 of the CBC podcast series Uncover: Dead Wrong.

Click here to go to listen to the podcast, or search for CBC Uncover on Apple podcasts, Spotify, or any other podcast aggregator.

The Tideline, with Tara Thorne

Episode 91 of The Tideline, with Tara Thorne, is published.
Two photos: A young white brunette woman with a black mask that says "Take care make art", and a young white blonde woman smiling in a studio photo.

The Halifax Fringe Festival is celebrating its first full in-person festival since 2019, which itself was cut short by hurricane Dorian. And that’s not all — after seven festivals, executive director Lee-Anne Poole will head out the revolving door of Halifax arts org leaders and hand the reigns over to Sara Graham. Both are on the show this week to talk entrances and exits, why they do the work that they do, the festival’s present and future, and all the details you need to attend. Plus a song from the new surprise Hello Delaware album.

Listen to the episode here.

Check out some of the past episodes here.

Subscribe to the podcast to get episodes automatically downloaded to your device — there’s a great instructional article here. Email Suzanne for help. You can reach Tara here.

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Recent posts

  • Canadian regulators giving Australia’s St Barbara what it wants August 18, 2022
  • The hallowed and ever-sustaining shrine of homemade pies August 17, 2022
  • The dreadful and dangerous habits of Nova Scotian drivers August 17, 2022
  • Nova Scotia Power, province discussing how to reduce rate shock from soaring fuel costs August 17, 2022
  • TV news takes another hit August 16, 2022

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