SiC Processing self-administration opens

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SiC Processing GmbH’s request to open self-administration plan process has been approved by the Amberg District Court.

The photovoltaic wafer slurry recycling company now has until March 19 to file a restructuring plan. Hubert Ampferl, partner at law firm Dr Beck & Partner has been appointed supervisor.

Creditors have until March 24 to file their claims to Ampferl. Meanwhile, they are scheduled to vote on the submitted restructuring plan on April 17.