OW Bunker Group bankruptcy

15/4/2018
Insolvency proceedings

Announced

15/4/2018


Overview:

  • OW Bunker Group filed for bankruptcy in November 2014. Since then it has been engaged in ongoing bankruptcy proceedings.
  • A November 2014 Bloomberg article reported that the company filed for bankruptcy a few days after a report of alleged fraud. 
  • A few months before the company filed for bankruptcy, it went public with an IPO in March 2014. 

 Rani Mehta - Journalist 

Jurisdictions:

Singapore
Denmark
Netherlands
United Kingdom

Deal type:

Insolvency proceedings

Practice area:

Restructuring and insolvency

Governing law:

Denmark

Industry sectors:

Oil and gas
Shipping


Firms:

Party: ING Bank (Creditor)


Party: Trustee (Administrator)


Party: ING Bank (Creditor)


Party: Trustee (Administrator)