Spanish Court Approves Frutas Lozano Rescue Plan, Writes Off €13.2M Debt

A Spanish court approved the restructuring plan for fruit group Frutas Lozano, cutting its debt from €17.5M to €4.3M, a year after the Provincial Court of Huesca annulled an earlier plan. The approval resolves legal uncertainty around the company's solvency, though execution risks remain. This is a localized corporate restructuring with no broader market implications.