Wabush – August 5, 2015
August 5, 2015
Motion for leave to appeal hearing
On August 5, 2015, our Motion for Leave to Appeal proceeded before Mr. Justice Kasirer of the Québec Court of Appeal. The USW and OSFI also sought leave to appeal. The motion was opposed by the company, DIP lender, Monitor, and another creditor. As of this writing, the decision of Mr. Justice Kasirer is under reserve, meaning that he is writing his decision. We will report on the decision as soon as it is released by the court.