Quebecor Trustee Hits 1,700 Vendors Over Transfers

Law360, New York (January 21, 2010, 4:45 PM EST) -- A trustee for Quebecor World (USA) Inc., the magazine and catalog printer that emerged from bankruptcy in July as World Color Press Inc., has launched more than 1,700 adversary complaints seeking to recover up to $390 million in transfers.

Eugene I. Davis, the litigation trustee for the Quebecor World litigation trust, began filing the complaints Jan. 11 in the U.S. Bankruptcy Court for the Southern District of New York in an effort to recoup preferential transfers, fraudulent transfers and prepetition transfers that cleared postpetition from hundreds...
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