Posted AT 9:32 PM EST on 17/03/08
Court protection sets stage for new debt fight
TORONTO — — — The committee working to restructure $32-billion of commercial paper has put the investments into bankruptcy protection, and will now work to sell investors on its plan.
The plan, if approved, would shield the market's key players from lawsuits. That is expected to be a big source of tension.
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| Market | Change | Value |
|---|---|---|
| Data delayed 15 minutes | ||
| S&P/TSX | +157.74 | 11,273.04 |
| DJIA | +185.69 | 10,094.08 |
| S&P 500 | +16.26 | 1,073.00 |
| Nasdaq | +27.99 | 2,154.04 |
| Stock Profile | |
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U.S. stock futures head higher
Investors await key U.S. data on manufacturing and housing
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