A French appeals court has ruled against an extension of the protection plan proposed by the owners of Paris skyscraper Coeur Defense. The 182,000 m[sup]2[/sup] complex, which was acquired by Lehman and Atemi for EUR 2.1 bn in July 2007, has been at the centre of a conflict between the owners and the debtholders since Hold, the special purpose vehicle controlling Coeur Defense, filed for court protection in September 2008.
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