Solar shakeout: SiC Processing to prepare restructuring plan

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The local court in Amberg, Germany court has appointed Dr Hubert Ampferl, partner of Nuremberg-based law firm Dr Beck & Partner, as supervisor of SiC Processing, which is operating as ‘debtor-in-possession’ during insolvency proceedings.

The slurry recycling specialist has until March 19 2013 to propose a restructuring plan that will be put forward to creditors in a meeting to be held in mid April.

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