German court dismisses insolvency claim but challenges recycling group’s COMI switch
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.
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GRR is a daily information service providing cross-border insolvency and restructuring news, features and events.