Archive for June, 2010

Catalyst has recently made announcements regarding the appointment of new directors to their board and the appointment of a new President & CEO, Kevin J. Clarke.

Mr. Clarke’s appointment begins June 21, 2010, and he comes to Catalyst after nearly 30 years with World Color (Quebecor World).  World Color is the company that has risen from the ashes of Quebecor World’s bankruptcy:

“World Color Press Inc., formerly Quebecor World Inc., and its affiliated debtors and debtors-in-possession announced on July 21, 2009 that they have successfully emerged from protection under the Companies’ Creditors Arrangement Act in Canada (”CCAA”) and Chapter 11 of the U.S. Bankruptcy Code. The settlement of claims results from this process is ongoing.”

Indeed, Catalyst’s press release announcing his appointment notes that “His achievements include major restructuring, market development, plant closure and start-up initiatives.”

Also of note in the board appointments, a New York lawyer who specializes in Chapter 11 reorganizations, Mr. Alan Miller, has just joined the board of Catalyst:

“Also joining the Board is Alan Miller, senior counsel with Weil Gotshal & Manges LLP, a New York based international law firm with offices in 10 countries. Mr. Miller has, over the past 30 years, concentrated in business reorganizations, including Chapter 11 reorganizations, out-of-court debt restructuring, secured financings and related investments. An author and lecturer in the field of his specialty, Mr. Miller was admitted to the bars of the US Court of Appeals 2nd Cir.; US Court of Appeals 3rd Cir.; US Court of Appeals 5th Cir.; Eastern District New York; New York State; Southern District New York and the US Supreme Court.”

One may wonder where this is leading …


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In The News

PRWWC was recently in a couple of articles, the first on CUPE’s website:  Powell River Community Coalition Forms

and the second in today’s Peak newspaper: Councilor’s Comments Not Welcome at Mall

It is not clear from the article, but Councilor McNaughton was asked to leave by mall security because he was not adhering to mall guidelines which prohibit approaching people directly.  Rather, groups with information tables are instructed by mall management only to provide information when people come up and ask them for it.  According to mall management, Councilor McNaughton’s comments are indeed welcome at the mall (contrary to the headline) and in fact, he was offered a table of his own to present his information but he declined.

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