Klik venligst
danmarks-rederiforening.gif

OW Bunker curators win important test case

OW Bunker curators win important test case

27-10-2015 12:00:00


In the Court of Appeal in London, the curators of OW Bunker, have won an important test case on the ownership of the oil OW Bunker sold around the time of the bankruptcy. This is according to a decision that TV2/Finance has in its possession.

The judgment of the Court of Appeals states that OW Bunkers bankruptcy has the right to receive payment for the oil that was sold around the time of the bankruptcy. Thus, the judgment infringed the claims of oil-suppliers who believe that they were the rightful owners of the oil.

The oil has a total value of several billion kroner.

This paves the way for hundreds of cases involving the right to the oil will go to OW Bunkers advantage.

The real loser in the test case has the opportunity to appeal to the Supreme Court, but it is unlikely.

OW Bunker declared bankruptcy on Nov. 7, 2014 after a failed attempt to reconstruct the company, which had suffered heavy losses due to credits granted by the company's subsidiary in Singapore.

Source: TV2/Finance / Maritime Denmark


Klik venligst

< Front page

Copyright © Maritime Denmark



Breaking News

- EU- proposal will simplify ship reporting
- Larger revenue in Maersk Logistics
- The Maritime Authority gets three addresses
- New simulator at Engineering Academy
- Positive year for Monjasa
- Wrist Ship experienced rise in revenues
- Danish Shipping welcomes Algerian Embassy
- Blue Water scores new French client
- New lawyers in OW Bunker case
- NK take over Færgen’s salary management
- New portal shows marine data with a click
- Get a maritime diploma in management


Todays Top 5



This weeks Top 10

- Maersk Tankers gets new advanced tool
- Pragmatic access to sulfur rules is necessary
- Environmentalist criticises cruise ships
- Transocean are scrapping four deep-sea rigs
- 31 fresh graduates from Rybners
- Fast Ferry between Lolland and Langeland
- CMA CGM buys Finnish Containerships
- The Ærøexpress begins building new ferry
Klik venligst
Klik venligst