Fraser Papers seeks from creditors; Maine & NH mills maintain operation

Fraser Papers is filing for protection from creditors in courts in CN & the U.S., & says its ME & NH mills will continue to operate without disruption. The Toronto-based company announced its filings in the Ontario Superior Court of Justice & U.S. Bankruptcy Court in DE will provide time to restructure the business. In ME, Gov. Baldacci quotes Fraser CEO Peter Gordon as saying there's no immediate impact on operations at the Madawaska mill. It said operations will continue as normal in Gorham, NH. He says the filing