G.E. deal with Air Canada promises creditor dogfight

Article Abstract:

G.E. Capital Canada Inc.'s $700 million loan to Air Canada has been challenged in court by the insolvent creditors. The loan, which has been called opportunistic, had been used by the airline to pay wages and other operating expenses.

Canada, Financial management, Legal/Government Regulation, Company legal issue, Commercial finance companies, Company financing, Air Canada, General Electric Capital Corp.

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NAFTA ruling goes against Ottawa

Article Abstract:

According to a NAFTA tribunal, Ottawa must pay $50-million (U.S.) to S.D. Myers Inc. as compensation for monetary damages caused by a Canadian export ban on polychlorinated biphenyls.

Industrial Organic Chemicals, Polychlorinated Biphenyls, Cyclic Crude and Intermediate Manufacturing, Chemical industry, Export controls, S.D. Myers Inc.

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Ottawa loan saves millions for Northwest

Article Abstract:

Loans to Northwest Airlines Corp. from the Ottawa government could save the airline $350-million.

Receipt of funds, Scheduled Airlines, Scheduled Air Transportation, Air Transportation, Scheduled, And Air Courier Services, Brief Article, Northwest Airlines Corp., NWAC

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