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ING Bank considers next step after losing OW case

The ruling is wrong, says lawyer for Dutch ING Bank about the defeat at a court in New York concerning the bank’s right to claim payment from carriers who owed OW Bunker money.

Photo: Kasper Palsnov/Jyllands-Posten

It seems almost certain that major Dutch bank ING will appeal a ruling by a court in New York concerning the bank's right to seek claims from carriers owing OW Bunker payments for bunker fuel.

"We think the decision is wrong, and the bank is now considering its options," said lawyer Bruce G. Paulsen from firm Seward & Kissel, who represents ING in the US, to media Ship & Bunker.

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