New Brunswick’s Connors Brothers Files for Creditor Protection

In late November, Blacks Harbour, New Brunswick-based Connors Bros. filed for creditor protection, as part of a larger bankruptcy filing by its parent company, San Diego, California, U.S.A.-based Bumble Bee Foods. According to media reports, Connors Bros. had commenced court-supervised restructuring proceedings under Canada’s Companies’ Creditors Arrangement Act, as had fellow Bumble Bee affiliate Cloverleaf Holdings Company. The companies operate the Bumble Bee, Clover Leaf and Brunsw...