Idempapers has more time to restructure its business and find a buyer. The commercial court of Nivelles extended the restructuring period for the specialty paper maker until 8 May.
Belgian specialty paper manufacturer Idempapers is to remain under court-supervised restructuring. The company told EUWID that it applied on 27 March for an extension of the restructuring period until 8 May. The application has reportedly been approved by the commercial court in Nivelles. Idempapers had applied on 13 December 2016 for court-supervised restructuring in accordance with Belgian law (procédure en réorganisation judiciaire) which was originally to last for three months. The period has already been extended once until 10 Ap…
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