| 21. | In November 2015, Abengoa started insolvency proceedings.
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| 22. | Under French bankruptcy law, the appointment of a mandataire ad hoc is the first step in pre-insolvency proceedings.
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| 23. | In April 2016, Hanjin applied to its creditors for debt restructuring, in order to avoid formal insolvency proceedings.
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| 24. | Should insolvency proceedings be launched, there is uncertainty as to which country's jurisdiction-- France's or Britain's-- would prevail.
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| 25. | A spokesman for the municipal court in Weilheim near Munich said the company had started an insolvency proceeding.
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| 26. | In insolvency proceedings, secured lenders traditionally have priority over unsecured lenders when a court divides up the borrower's assets.
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| 27. | In June 2008, Maxdata, formerly Germany's largest computer manufacturer, filed for insolvency proceedings at the Local Court in Essen.
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| 28. | Today, the business is called Solberger Telecom AG iL, and since July 17, 2002, has entered into insolvency proceedings.
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| 29. | Siemens Nixdorf AG, which owns 12 . 5 percent of Escom, had no immediate comment on the insolvency proceedings.
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| 30. | The airline was a sub-company of Fairline Flugbetriebs GmbH, which started the insolvency proceedings ( according to KSV ).
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