A court in Denmark has given the go-ahead for a case against Thor Stadil and several executives in shipping company Thorco, who may end up being barred from running a Danish business for a number of years.
In August, a trustee recommended that Stadil and three other top executives should be tried for unfitness, as they had displayed "grossly irresponsible business conduct" while heading the now bankrupt subsidiary TS Chartering.
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