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Found 3 results

  1. Air Algerie Expands Montreal Service in S16 Posted at 0300GMT 19APR16 Air Algerie during summer peak season plans to expand Algiers – Montreal operation, which sees the addition of 8th weekly service. The additional flight operates on Thursdays, from 23JUN16 to 15SEP16, with Airbus A330-200 aircraft. AH2702 ALG0645 – 1045YUL 330 4 AH2700 ALG1240 – 1640YUL 330 D AH2703 YUL1245 – 0135+1ALG 330 4 AH2701 YUL1840 – 0730+1ALG 330 D
  2. Tembec Industries Files Bankruptcy as Foreign Firm (Update1) By Christopher Scinta Sept. 4 (Bloomberg) -- Tembec Industries Inc., a unit of Montreal-based Tembec Inc., filed for protection from U.S. creditors to implement the debt restructuring approved by a Canadian court in February. The company said in papers filed today in U.S. Bankruptcy Court in New York that its assets and debts exceed $1 billion. Tembec Industries filed under Chapter 15 of the U.S. Bankruptcy Code, saying it wants the debt restructuring that was approved by the Ontario Superior Court of Justice to govern U.S. creditors. Chapter 15 allows foreign companies to reorganize outside the U.S. while protecting them from U.S. lawsuits and creditor claims. Holders of more than 98 percent of the company's notes and 95 percent of its stock voted earlier this year in favor of the restructuring that swapped debt for new equity, Michel Dumas, the company's chief financial officer, said in a statement to the court. Tembec had to restructure its debt due to the rising value of the Canadian dollar, declining U.S. home construction, a glut of timber because of a beetle infestation in British Columbia and falling newsprint demand, according to court papers. Douglas Bartner, an attorney with Shearman & Sterling in New York that filed the petition, didn't immediately respond to a phone call seeking comment. Tembec produces about 1.7 billion board feet of lumber, 1 million tons of paper and 2.1 million tons of pulp a year, according to court papers. Virtually all of Tembec's assets are in Canada, so the reorganization plan approved by the Canadian court should govern, Dumas said. Tembec joins another Canadian wood-products company, Pope & Talbot Inc., in filing for U.S. Chapter 15 as a foreign entity. The case is In re Tembec Industries Inc., 08-13435, U.S. Bankruptcy Court, Southern District of New York (Manhattan). To contact the reporter on this story: Christopher Scinta in New York at [email protected] Last Updated: September 4, 2008 16:37 EDT
  3. Man Enters Brothel To Find Wife Working There Thursday January 10, 2008 CityNews.ca Staff A Polish man got the shock of his life Wednesday when he did something he knows he shouldn't have - cheated on his wife. The unnamed gentleman decided to visit a Warsaw brothel and take advantage of the services provided in the not-so-legal establishment. But when he walked in the door, any lascivious thoughts he may have had turned to anger, after he recognized one of the people working inside - his own spouse. It turns out his wife had decided to make a little extra money on the side, telling her husband she was working at a nearby store to explain where she disappeared to every day and where her supply of cash came from. "I was dumfounded. I thought I was dreaming," the husband told a local newspaper. The couple has been married for 14 years, but it's unlikely they'll be celebrating a 15th anniversary. After their mutual discovery of what each other was up to, they've now filed for divorce.
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