Smurfit-Stone Container Corp., maker of containerboard and corrugated packaging, has received the OK on a plan to emerge from bankruptcy on June 30.
The company’s U.S. and Canadian subsidiaries filed for reorganization under Chapter 11 in the U.S. and under the Companies’ Creditors Arrangement Act in Canada on Jan. 26, 2009, according to a news release.
Smurfit-Stone has scheduled a conference call and webcast on July 1 at 11 a.m. ET to update investors on its restructuring. Visit www.smurfit.com for more information.