Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events

Stelco’s CCAA plan approved as it seeks Chapter 15 recognition in the US

By Jessica McKay

12 June 2017

A Canadian court has approved US Steel Canada’s plan of compromise, which will see US venture capital firm Bedrock Industries assume ownership of the steel producer.

Stelco’s CCAA plan approved as it seeks Chapter 15 recognition in the US

 Steel production (Credit: iStock.com/gilaxia )