News Flash: Quebecor World has apparently worked out a deal with some of its lenders and goes back to U.S. bankruptcy court at 3:30 EDT tomorrow (July 16) for a hearing on an amended reorganization plan.
Here's a link to the agenda and QW's motion on its amended plan. It's not clear whether all of the objections to Quebecor World's reorganization plan can be resolved at tomorrow's hearing.
In turning down one of three takeover offers from rival printer R.R. Donnelley last month, Quebecor World said it could have difficulty continuing to operate if it doesn't exit bankruptcy protection by July 21. That's when its debtor-in-possession financing runs out.