Thorco Projects chief wins first major battle post-bankruptcy of Stadil carrier

Thomas Mikkelsen has been acquitted on all counts in a case brought by the estate of a failed Thorco carrier. Thor Stadil believes that the victory is of fundamental importance.
Thomas Mikkelsen is CEO of shipping operator Thorco Projects, which was acquired by Danish group Norden earlier this year. | Photo: Rune Lundø/pr / Thorco Projects
Thomas Mikkelsen is CEO of shipping operator Thorco Projects, which was acquired by Danish group Norden earlier this year. | Photo: Rune Lundø/pr / Thorco Projects

A former chief executive of the Stadil family’s bankrupt shipping company has emerged victorious from the first major battle with creditors’ lawyers.

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