October 29, 2019

Bulletin: Air Canada CCAA Final Funds Distribution

Bulletin: Air Canada CCAA Final Funds Distribution October 17, 2019 -In 2003, Air Canada filed for and obtained Bankruptcy protection under the Company Creditors Arrangement Act (CCAA). Over the course of the following years, the Machinists Union (IAMAW) arrived at a settlement of claims filed by the Union in those proceedings, including a claim for the restructuring of the Collective Agreement. Between 2004 and 2007, the Union disbursed cheques of