{"id":1159,"date":"2017-03-02T07:18:12","date_gmt":"2017-03-02T12:18:12","guid":{"rendered":"http:\/\/wawa-news.com\/?p=1159"},"modified":"2017-03-02T07:22:37","modified_gmt":"2017-03-02T12:22:37","slug":"essar-steel-algoma-announces-mediation-scheduled","status":"publish","type":"post","link":"https:\/\/wawa-news.com\/index.php\/2017\/03\/02\/essar-steel-algoma-announces-mediation-scheduled\/","title":{"rendered":"Essar Steel Algoma Announces Mediation Scheduled"},"content":{"rendered":"<p><strong>Mar 2, 2017 @ 07:18<\/strong><\/p>\n<p>Essar Steel Algoma Inc. advised today March 1, 2017 that at the request of the Honourable Mr.\u00a0<span class=\"xn-person\">Warren Winkler<\/span>, the mediator appointed by\u00a0<span class=\"xn-person\">Justice Newbould<\/span>\u00a0of the Ontario Superior Court of Justice, the company has not requested a No Board Report.\u00a0 Mr. Winkler has scheduled dates later this month for mediation amongst the parties, specifically the company, the successful bidder identified through the court-approved Sale and Investment Solicitation Process, and representatives of the union.<\/p>\n<p>Essar Steel Algoma Chief Executive Officer\u00a0<span class=\"xn-person\">Kalyan Ghosh<\/span>\u00a0commented on the development, &#8220;Our focus is on emerging from CCAA as a strong and sustainable advanced steel manufacturer. We remain optimistic that a deal can be achieved among all stakeholders that ensures this outcome.&#8221;<\/p>\n<p><b>Essar Steel Algoma<br \/>\n<\/b>Essar Steel Algoma Inc. is based in\u00a0<span class=\"xn-location\">Sault Ste. Marie, Ontario<\/span>. As a fully integrated steel producer, the Company derives its revenues primarily from the manufacture and sale of hot and cold rolled steel products including sheet and plate.<\/p>\n<p>Essar Steel Algoma Inc. filed for creditor protection under the Companies Creditors Arrangement Act on\u00a0<span class=\"xn-chron\">November 9<\/span>, 2015.\u00a0 The Sale and Investment Solicitation Process was launched on\u00a0<span class=\"xn-chron\">February 11<\/span>, 2016.\u00a0 Relevant documents can be found on the Monitor&#8217;s website at\u00a0<a href=\"http:\/\/www.ey.com\/ca\/essaralgoma\" target=\"_blank\" rel=\"nofollow\">www.ey.com\/ca\/essaralgoma<\/a>\u00a0and on the Prime Clerk website at\u00a0<a href=\"http:\/\/cases.primeclerk.com\/EssarSteel\" target=\"_blank\" rel=\"nofollow\">http:\/\/cases.primeclerk.com\/EssarSteel<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mar 2, 2017 @ 07:18 Essar Steel Algoma Inc. advised today March 1, 2017 that at the request of the Honourable Mr.\u00a0Warren Winkler, the mediator appointed by\u00a0Justice Newbould\u00a0of the Ontario Superior Court of Justice, the company has not requested a No Board Report.\u00a0 Mr. Winkler has scheduled dates later this month for mediation amongst the &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37,36],"tags":[],"class_list":["post-1159","post","type-post","status-publish","format-standard","hentry","category-district","category-news"],"publishpress_future_action":{"enabled":false,"date":"2026-04-23 23:11:35","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts\/1159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/comments?post=1159"}],"version-history":[{"count":1,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts\/1159\/revisions"}],"predecessor-version":[{"id":1160,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts\/1159\/revisions\/1160"}],"wp:attachment":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/media?parent=1159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/categories?post=1159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/tags?post=1159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}