ShippingWatch

Stadil-owned Thornico group sued after trouble in bankruptcy estate

Two of the Stadil family's companies are being sued by a trustee following the bankrupt shipping business, claiming that the creditors are entitled to the group's tax savings and payments to a subsidiary.

Thor Stadil | Photo: PR / Skovdal / Thornico

Creditors of the Stadil family's bankrupt shipping business are now going to court to demand reimbursement of a two-digit million-dollar amount.

They believe the family's billionaire group, Thornico, has unjustifiably kept tax savings for themselves and taken too much pay to operate a number of ships in the time leading up to the bankruptcy. As a result, they are now claiming their money back.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

DSV CEO on ocean freight: "Currently a flat market"

Despite significant revenue growth in its air and sea division, DSV saw "a flat market" for ocean freight in the third quarter. But CEO Jens Bjørn Andersen doesn't expect a setback in the market. "The goods must be freighted," he says.

Further reading

Related articles

Trial banner

Latest news

See all jobs