AbitibiBowater, Inc. (fka ABWTQ)

[emailjanum]

About NAFTA:

The Agreement asserts that the settlement award will only be granted if, and when, AbitibiBowater rises out of bankruptcy under a new corporate structure in Canada (the “New Company”). This despite the fact that the resources expropirated from AbitibiBowater (in Dec 2008) was before it filed for bankruptcy protection (Apr 2009). This term in the Agreement is highly controversial given the core dispute whereby the stakeholders of the current Company, and not the New Company, were denied their rights.