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Channel21 confirms insolvency proceedings as operations continue
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Channel21 confirms insolvency proceedings as operations continue
Channel21 has confirmed that preliminary insolvency proceedings have been opened against the German teleshopping broadcaster, with the District Court of Hanover appointing a provisional administrator. According to the company, Channel21 GmbH filed for the opening of preliminary insolvency proceedings earlier this week. The court followed the request on 23 March and appointed lawyer Dr Stefanie Zulauf as provisional insolvency administrator. From…
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