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Focus on Insolvency: Case Update - Asset Backed Commercial Paper Plan of Arrangement Approved
Author(s): LeGeyt, DavidMann, David
Date:  June 27 2008
In its analysis the Court observed that what was being sought was not just a restructuring of the insolvent corporations which were the Issuer Trustees in the proceeding, but rather a restructuring of the asset backed commercial paper market itself in Canada.
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