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IN RE CP SHIPS LTD - securities stanford

IN RE CP SHIPS LTD - securities stanford 2025

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The document addresses a 404 error encountered on the Securities Class Action Clearinghouse (SCAC) website, explaining that it is due to Google indexing the new site and rendering outdated URLs. It provides guidance on using the SCAC's search features for finding specific cases or articles and instructs users to report the error to a designated contact.

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Who bought CP ships?

In 2005, it was purchased by TUI AG and is now part of the companys Hapag-Lloyd division.

What are CP securities?

Commercial Paper (CP) is an unsecured money market instrument issued in the form of a promissory note. It was introduced in India in 1990 with a view to enabling highly rated corporate borrowers/ to diversify their sources of short-term borrowings and to provide an additional instrument to investors.

Who owns CP Ships?

CP Ships, a subsidiary of TUI AG, provides international container transportation in four key regional markets: TransAtlantic, Australasia, Latin America and Asia with 38 services in 21 trade lanes. As of 30th September 2005 its vessel fleet was 80 ships and its container fleet 432,000 teu.

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