SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange)
ECX 1.795+1.1%11:56 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rose who wrote (2701)8/11/1998 7:41:00 PM
From: JimieA  Read Replies (1) of 2841
 
Another Disappointment! Eco has a $5 million investment in this!

Dominion Bridge Corporation Files a Notice of Intent
MONTREAL--(BUSINESS WIRE)--Aug. 11, 1998--(NASDAQ:DBCO - news; VSE:DMO.U. - news) Dominion Bridge Corporation (Dominion Bridge) (NASDAQ:DBCO - news) today filed notices of intent to make a proposal under the Bankruptcy and Insolvency Act in Quebec Superior Court for itself and the following subsidiaries: Cedar Group of Canada, Dominion Bridge Inc., Davie Industries Inc., Steen Contractors Ltd., and Les Entrepreneurs Becker Inc.
The notices suspend the enforceability of all outstanding claims as at August 11, 1998 and stay any proceedings pending against the companies on that date.
Dominion Bridge and its subsidiaries are continuing normal operations, under the supervision of trustees responsible for protecting the interests of creditors. All debts contracted after August 11th will be paid in full.
Under the Bankruptcy and Insolvency Act, Dominion Bridge and its subsidiaries have 30 days, or until September 10th at the latest, to submit a proposal to their creditors. The Act allows the Court to extend the deadline.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext