Court opens rescue proceedings for Xilofrance

The Agen Commercial Court opened rescue proceedings (redressement judiciare) regarding the French poplar and maritime pine plywood producer Xilofrance S.A.S, based in Damazan, on 12 June 2012. This move comes after the company had been embroiled in a court-led restructuring process (procédure de sauvegarde) since ...

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