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10 Corso Como seeks settlement to avoid insolvency

Milanese concept store, 10 Corso Como is seeking a court settlement to avoid filing Chapter 11, as the company which manages its distribution under a licensing agreement, Dieci Srl, owes the Italian state over 4 million euros in accumulated debts. Carla Sozzani, who founded 10 Corso Como in 1990 and holds a 99 percent stake in Dieci, maintains...

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