Steel Mills
May 1, 2016
Judge Says No to US Steel Request to Shorten CCAA Protection for USSC
Written by Sandy Williams
In a surprise move on Friday, US Steel requested that the court shorten the CCAA protection period for US Steel Canada. US Steel Canada had petitioned the court to extend the CCAA period to July 28, 2016 but US Steel attorneys requested the Stay Period extend only to May 29.
Justice Herman Wilton-Siegel, who has been overseeing the Superior Court process, denied the US Steel request and ordered the Stay Period extended from April 29 to July 28, 2016.
