After Insolvency of Hamburg Importer: Cooperatives in Honduras Left with Coffee Debts
TL;DR
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Hamburg coffee importer Benecke Coffee is insolvent, leaving debts to cooperatives in Honduras and Peru. The Honduran cooperative Comsa is owed over 2.6 million US dollars for a pre-financed delivery, impacting their ability to fund the next harvest. An insolvency administrator expects some claims to be settled from the insolvency estate.
Source: taz.de
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