MONTREAL, April 29 /CNW Telbec/ - The Communications, Energy and
Paperworkers Union and AbitibiBowater will face each other before a Quebec
Superior Court Judge tomorrow over the company's attempt to stop pension
payments for forestry workers.
The proceedings before Quebec Superior Court Judge Clément Gascon
commence at 9:30 am in Montreal.
Two separate motions will come before the judge. The company is seeking
an order under the Companies' Creditors Arrangement Act (CCAA) to suspend
pension payments towards its unfunded liabilities for workers. In addition,
the union will seek an order from the judge to require the company to meet
contractual obligations to provide negotiated pension changes effective May 1.
The company has notified the union that it will not implement the negotiated
pension improvements, which will be provided by other employers in the Eastern
Canadian pulp and paper industry on May 1.
"AbitibiBowater is using bankruptcy protection to undermine the pension
plan and deny workers the pensions that have been promised to them," said CEP
Secretary-Treasurer Gaétan Ménard. "Pensioners and workers must come before
banks, and we will appeal to the court to protect their interests."
For further information:
For further information: Gaétan Ménard, CEP Secretary-Treasurer, (613)
230-5800, ext. 265, (819) 775-6980; Dave Coles, CEP President, (613) 299-5628