Quebecor World May Lose Magazine Pact

The Economist 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 is scheduled to hold a March 27 hearing to discuss the matter.