Biz Week, P&G spar in court

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McGraw-Hill Cos. and its Business Week publication filed an appeal with the Sixth Circuit Court of Appeals asking that a restraining order preventing it from publishing a story about Procter & Gamble Co. be lifted. The order was filed on Wednesday evening by the U.S. District Court for the Southern District of Ohio, Western Division as the magazine was to go to press with a story about derivatives legislation between P&G and Bankers Trust Co. Business Week and McGraw are challenging the order, saying it runs counter to First Amendment rights.

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