More Woes for Quebecor World
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The publisher asked U.S. Bankruptcy Court Judge James Peck for permission to serve the notice to Quebecor World. Still, both sides are in talks regarding a possible extension of the deal, which would have automatically renewed had The Economist not given notice prior to March 31.
Under bankruptcy rules, all changes to contracts are frozen pending a resolution of the debtor claims. Peck was scheduled to hold a March 27 hearing to discuss the matter.
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