by Gary | Nov 30, 2009 | Industry News, Postmedia |
The suspense is killing us. When will Canwest’s publishing side enter creditor protection? Soon seems to be the consensus. It’s not a question of if, but when — that seems certain. Still, we’re dying to know more about what’s happening behind the scenes. While we’ve...
by Gary | Oct 30, 2009 | Industry News, Postmedia |
“Welcome. Make yourself at home.” While those are your words, you’re thinking: Okay they’re family, but they’re losers who act like they know it all. Have I bought enough beer? I really can’t afford this. Why does the National Post have to stay with us? Pardon the...
by Gary | Oct 16, 2009 | Industry News, Postmedia |
Company executives, directors, lawyers, hedge funds, banks have all looked after themselves in the restructuring process currently underway at Canwest, but what about us workers? What is our self-interest and how can we best advance it? So far in the restructuring...
by Gary | Oct 7, 2009 | Industry News, Postmedia |
Creditor protection is a nasty business as our laid off brothers and sisters on the television side of Canwest found out Tuesday. They won’t be getting their severance pay because the law allows companies to leave laid off workers high and dry. That’s...
by Gary | Sep 11, 2009 | Industry News, Postmedia |
The saga continues as another Canwest debt deadline has been extended. This time the TV side of the company, Canwest Media Inc. (CMI), received a further two-week extension to come up with a recapitalization agreement. According to a press release today: “the holders...
by SSWS | Aug 6, 2009 | Postmedia |
Creditors have hired Harold (Hap) Stephen, a high profile chartered accountant known for leading reorganizations at struggling firms such as Stelco Inc., Algoma Steel Inc. and retailer Timothy Eaton Co. Ltd., to guide Canwest through its complex restructuring, the...
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