Smurfit-Stone Files for Reorganization in U.S. and Canada

CREVE COEUR, Mo. and CHICAGO—Smurfit-Stone Container Corp. has announced that it and its U.S. and Canadian subsidiaries have filed voluntary petitions for reorganization under Chapter 11 in the U.S. Bankruptcy Court in Wilmington, Delaware. The Canadian subsidiaries will also file to reorganize under the Companies' Creditors Arrangement Act (CCAA) in the Ontario Superior Court of Justice in Canada.