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Latvia's Liepajas Metalurgs' administrator files insolvency proceeding
By Caroline Salls
Pittsburgh, Nov. 4 - JSC Liepajas Metalurgs' legal protection proceedings administrator Haralds Velmers began insolvency proceedings for the company on Monday, according to a news release.
In addition, the legal protection proceedings were discontinued.
These actions must be adopted by the court within 14 days, according to the release.
Liepajas is a Riga, Latvia, rolled steel producer.
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