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Hakle’s creditors and Sofidel make way for Jung Papier

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Published in issue 25/2023
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Creditors of financially beleaguered German tissue producer Hakle unanimously approved the insolvency plan to make way for Jung Papier GmbH. The plan can take effect by the end of second quarter, according to an announcement from participants in the insolvency process.

In the first quarter of 2023, the manage...

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Tissue Germany
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Insolvency proceedings
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