PropertyEU

French court backs Coeur Defense protection plan

By A staff reporter 2009-09-14T00:00:00

A French court has approved a safeguard plan proposed by the owners of Paris' skyscraper Coeur Defense and ruled against the seizure of the tower by their creditor banks. Under the plan, owners Lehman Brothers and Atemi will be granted a further two years for the repayment of an asset-backed ...

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