Each issue of PaperMoney is approximately 500 fact filled pages.
Logout
Click here for Pulp & Paper Radio International
Items just for you
New publication added! Advertising Arguments 2015 book
Free Downloads
Search
My Profile
Login
Management Side
Technical Side
Quebecor World Creates Restructuring Committee
Print
Montréal, Quebec, Canada, 25 February 2008 -– Quebecor World Inc. (TSX: IQW) announces that, as part of restructuring efforts under the companies' Creditors Arrangement Act (Canada) (the CCAA) and under Chapter 11 of the U.S. Bankruptcy Code, the board of directors of Quebecor World Inc. has created a restructuring committee of the board. The committee, chaired by André Caillé, includes Jean LaCouture, Michèle Desjardins, Jacques Mallette, and Jean Neveu.

The committee will facilitate and supervise the work of management of the corporation and its advisors in developing a plan or plans to effect
(i) a restructuring of the corporation's financial affairs including, without limitation, the liabilities and obligations to such creditors of the Corporation and its subsidiaries as the committee may deem necessary or appropriate and/or
(ii) a recapitalization of the corporation and/or its subsidiaries and to report thereon, from time-to-time, with its recommendations to the board of directors of the corporation.

In addition, Jacques Mallette, president and CEO of Quebecor World, has been appointed to the board of directors and will serve on the committee.

Quebecor World Inc. (TSX: IQW) is a world leader in providing high-value, complete marketing and advertising solutions to leading retailers, catalogers, branded-goods companies, and other businesses with marketing and advertising activities, and complete, full-service print solutions for publishers. The company is a market leader in most of its major product categories, which include advertising inserts and circulars, catalogs, direct mail products, magazines, books, directories, digital premedia, logistics, mail list technologies, and other value-added services. Quebecor World has approximately 28,000 employees working in more than 115 printing and related facilities in the United States, Canada, Argentina, Austria, Belgium, Brazil, Chile, Colombia, Finland, France, India, Mexico, Peru, Spain, Sweden, and Switzerland.

Web address: www.quebecorworld.com



Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: