Also, Sections 1106(a)(7) and 1107(a) of the Bankruptcy Code require a debtor in possession or a trustee to report on the progress made in implementing a plan after confirmation. A Chapter 11 trustee or debtor in possession has a number of responsibilities to perform after confirmation, including consummating the plan, reporting on the status of consummation, and applying for a final decree. BANKRUPT COMPANIES Abitibi-Bowater Inc ., the big Montreal, Quebec-based newsprint manufacturer, reported a third quarter loss of $829 million. The loss, compared with a $511 million loss in the year-earlier period, was dragged down by more than $730 million in costs related to its bankruptcy restructuring. Not including those costs Abitibi whittled its loss to $93 million, down from a $184 million loss a year ago. In a bankruptcy development, it's now possible that the U.S. Bankruptcy Court could soon approve Abitibi's reorganization plan, despite objections from some creditors.