Pope & Talbot CCAA case transferred to British Columbia court

By Caroline Salls

Pittsburgh, Nov. 19 - Pope & Talbot, Inc.'s Companies' Creditors Arrangement Act bankruptcy case will be transferred to the British Columbia Supreme Court from the Ontario Superior Court of Justice, according to an order filed Monday with the Ontario court.

According to the motion, Pope & Talbot's headquarters is located in Portland, Ore., and its business operations are in the province of British Columbia.

In addition, British Columbia said the company "has a substantial connection to British Columbia," including more than 1,700 employees and a significant number of assets.

"The company's chief and only place of business in Canada is in British Columbia," the motion said.

British Columbia also said the Pope & Talbot Canadian business operations are governed by British Columbia's statutes and regulations.

Also, the province argued that there is no evidence that any of the company's creditors are located in Ontario, and a majority of the stakeholders that will be affected by Pope & Talbot's CCAA case are in British Columbia.

Pope & Talbot is a Portland, Ore.-based pulp and wood products company.

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