Quebecor World board creates restructuring committee

By Caroline Salls

Pittsburgh, Feb. 25 - Quebecor World Inc.'s board of directors has created a restructuring committee to supervise the work of the company's management and its advisers while they develop a restructuring or recapitalization plan, according to a company news release.

The committee members include chairman Andre Caille, Jean LaCouture, Michele Desjardins and Jean Neveu.

In addition, Quebecor World president and chief executive officer Jacques Mallette has been appointed to the board of directors. Mallette will also serve on the restructuring committee.

The Montreal-based printing and marketing company filed for Chapter 11 bankruptcy on Jan. 21 in the U.S. Bankruptcy Court for the Southern District of New York and filed for protection under the Companies' Creditors Arrangement Act in Canada. Its Chapter 11 case number is 08-10152.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.