OW Bunker curators win important test case
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.
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