Quebecor Creditors Approve Reorganization Plan

Quebecor World Inc and its debtors have agreed on plans of reorganization. Among more than 2,800 ballots cast, 86.4% supported the plan. Based on the value of the claims represented, $1.82 billion, or 88.9% of the represented debt, voted to affirm the plan.

Under the U.S. Bankruptcy Code, certain classes of creditors are entitled to vote on reorganization proposals.

In Canada, Quebecor World