U.S. Steel Canada Inc., April 26, 2017
April 26, 2017
We are pleased to report that on April 26, 2017 the Superior Court of Justice (Commercial List) approved the Settlement Agreement reached between Representative Counsel to the non-USW employees and retirees, Bedrock and USSC. To view a copy of the Order approving the Settlement Agreement please click here.
As a result of the Settlement Agreement and a few other changes made to the Plan, the Court also approved an amended Plan of Compromise on April 26, 2017. To view a copy of the order approving the amended Plan of Compromise, please click here.
To view a copy of the Non-USW Support Agreement and Non-USW Settlement Agreement (being Exhibits C and D to the Affidavit of William E. Aziz sworn April 19, 2017) please click here.
To view a copy of the Non-USW Settlement Approval Order please click here.
To view a copy of the Supplemental Information Circular and Amended Plan reflecting changes made to the Plan of Compromise, including as a result of the Settlement Agreement, please click here.
As detailed in our April 20, 2017 letter to members, the next step is for a vote on the Plan on April 27, 2017. We will continue to update you as information becomes available.