Spain: insolvency proceedings for Cosplaan
Spanish business media report insolvency proceedings involving Cosplaan, a Catalonia-based company founded by an entrepreneur of Moroccan origin.

Spanish business media report insolvency proceedings involving Cosplaan, a Catalonia-based company founded by an entrepreneur of Moroccan origin.
Opening proceedings does not mean liquidation is complete. Debt, employment and the company’s prospects require examination of accounts and procedural decisions, not assumptions based on its founder’s origin.