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SeaFrance eyes three-month extension to administration
  Date:09/20/10  |  From:ifw-net  |  Click:

SNCF-owned SeaFrance is set to be granted a three-month extension to its period in administration which expired on 15 September, following a request by its receivers to a commercial court in Paris yesterday.

The court has given verbal agreement to prolonging this period until 15 December, with an official decision coming next week, a senior SeaFrance official told IFW.

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