US Court rules against Lauritzen in USD 20 million petition
A New York court of appeals rejected a Lauritzen Bulkers claim regarding access to USD 20 million in a dispute concerning charter receivables. This is confirmed by J. Lauritzen.
BY OLE ANDERSEN
A New York court of appeals rejected a claim from Lauritzen Bulkers to seize and release USD 20 million from HSBC, which the Danish carrier claims to be owed in a dispute concerning charter receivables involving company JTT International. Jens Søndergaard, senior vice president, Corporate Communications at J. Lauritzen, confirms this, though he declines to comment further on the ongoing case.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
J. Lauritzen expects USD 310-340 million deficit for 2013
For subscribers
J. Lauritzen: We'll survive without new outside capital
For subscribers
The Lauritzen Foundation still has faith in J. Lauritzen
For subscribers
