OW trustees take up fight with major banks

Trustees of the OW Bunker estate are fighting for USD 71 million that the oil company's banks, ING and BNP, are said to have in security in oil deposits. Court cases will soon be a reality, writes Danish newspaper Børsen.

BY KATRINE GRØNVALD RAUN

Trustees of collapsed OW Bunker are in such serious disagreement with the banks behind the company that several of these banks are now being threatened with legal action, according to a report from the court in Aalborg, Denmark, writes the Danish newspaper Børsen.

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