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Semipublic entity applies for court protection from creditors

OSAKA, Japan - This undated photo shows the Osaka World Trade Center Building in Osaka. A heavily-indebted semipublic Osaka entity that operates the building filed for court protection from creditors March 26 under the corporate rehabilitation law. The company was set up in 1989 through funding by the Osaka Municipal government and private firms, and opened the 256-meter, 55-story skyscraper in the Osaka Bay area in 1995 -- the tallest building in western Japan at the time. (Kyodo)