We investigate a two-dimensional classical N-vector model with a nonlinear
interaction (1 + \bsigma_i\cdot \bsigma_j)^p in the large-N limit. As
observed for N=3 by Bl\"ote {\em et al.} [Phys. Rev. Lett. {\bf 88}, 047203
(2002)], we find a first-order transition for p>pc and no finite-temperature
phase transitions for ppc, both phases have short-range
order, the correlation length showing a finite discontinuity at the transition.
For p=pc, there is a peculiar transition, where the spin-spin correlation
length is finite while the energy-energy correlation length diverges.Comment: 7 pages, 2 figures in a uufile. Discussion of the theory for p = p_c
revised and enlarge