German court dismisses insolvency claim but challenges recycling group’s COMI switch
Scrap metal at a steel plant (Credit: iStock.com/Mordolff)
A German court has dismissed an attempt by a bondholder to open insolvency proceedings against international recycling group Scholz – but found it was the correct venue for the failed claim, despite the company's attempted centre of main interests shift to the UK in January.
To read more
Subscribe to Global Restructuring Review
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Restructuring Review experts.
Subscribe now