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Technology Stocks : Corel Corp. -- Ignore unavailable to you. Want to Upgrade?

To: opalapril who wrote (9210)	5/26/2000 8:09:00 PM
From: Picanoc	Read Replies (1) \| Respond to of 9798

The closest equivalent is CCRA. In general, Cdn law in this area is less friendly to the company, and is harder to merge from. However, the trend is more towards a US type. The petitioning company can present a plan, similar to the US pattern. However, it is IMHO a little more binary, so the creditor's committee has less power unless they act to kill the company. And yes, the common shareholders take it.... I don't see bankruptcy, because Corel's debt is not it's problem.