msquebanh, 18 days ago to Canada

#PaperExcellence #Canada announced that it's reached a #settlement with the #NovaScotia government, that acknowledges plans to transform & reopen #NorthernPulp Nova Scotia in #Pictou won't proceed & provides for a review process agreed between Northern Pulp & Province of Nova Scotia that is aimed to determine whether a new, modern mill in #NovaScotia is viable.
https://www.lesprom.com/en/news/Paper_Excellence_Canada_and_Nova_Scotia_reach_settlement_Pictou_mill_will_not_reopen_113365/

Related:
Paper Excellence settlement: The deal with the devil has been refinanced.
https://www.halifaxexaminer.ca/morning-file/paper-excellence-settlement-the-deal-with-the-devil-has-been-refinanced/

msquebanh, 23 days ago to legal

#PaperExcellence has hired McMillan at least six times over the last six years to advise on more than $6 billion US in transactions, including its takeovers of #forestry companies #CatalystPaper, #Domtar & #ResoluteForestProducts. It also represented a Paper Excellence subsidiary in a dispute with CN Rail.

Multiple #legal #ethics experts said they felt the FSC's decision to hire McMillan was problematic.

https://www.cbc.ca/amp/1.7207210

#ConflictOfInterest #Deforestation #BCpoli #Ecocide #CDNpoli

br00t4c, 7 months ago to random

NGOs call for Forest Stewardship Council to cut ties with Canadian pulp and paper giant

#council #paperexcellence

https://www.icij.org/investigations/deforestation-inc/ngos-call-for-forest-stewardship-council-to-cut-ties-with-canadian-pulp-and-paper-giant/