One bankrupt estate could pay for everything in OW lawsuit

One single bankrupt estate could end up paying for everything if creditors in the five estates left following the OW Bunker case lose their case against the former executive management team and equity fund Altor. The trustee expects clarification in October before the case is summoned.

Photo: OW Bunker

Who will pay the bill if the creditors lose their case against the former OW Bunker management team.

Lawyers and creditors are currently trying to answer this question before the bankrupt estates embark on a large-scale compensation case against the former senior management team and equity fund Altor.

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
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

Oil shipping states get loophole in EU's new Russia sanctions

In a new sanctions package against Russia, the EU cracks down on exporting the warring nation’s crude to third countries – despite protest from countries like Greece and Malta. Although several states are given leeway in new sanction demands the EU Commission otherwise considers ”water-tight”.

Further reading

Related articles

Latest news

See all jobs