
25 of Denmark's biggest institutional investors have submitted a combined claim of USD 130 million against several members of OW Bunker's former management team, board of directors and private equity fund Altor. But according to ATP, the 25 investors are merely covering themselves in terms of potential future long-term insurance coverage. The investors have not yet made a decision about filing a damage claim.
"We have submitted a claim to OW Bunker's management and to the company's board of directors. We have also submitted a claim to various legal sub-units of Altor. These represent the circle that could potentially be covered by insurance," ATP vice president Claus Wiinblad tells the newspaper.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app