The Business Times
SUBSCRIBERS

Trustees of OW Bunker reviewing assets

Published Mon, Nov 17, 2014 · 09:50 PM
Share this article.

Copenhagen

SO far, the trustees of bankrupt OW Bunker A/S have identified a single car they say can be liquidated to start building funds with which to reimburse creditors.

That's according to John Sommer Schmidt, an Aarhus-based attorney and partner at Gorrissen Federspiel Law Firm, who is overseeing the winding-up process. He didn't reveal the car's brand or model. All the company's other cars were leased, he said on Friday. "It's much too soon to say what, if anything, will be left for the creditors."

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Energy & Commodities

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here