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Kirkland advising Greek fuel supplier in US$855 million Chapter 11

By Declan Bush

07 November 2018

Controlled by US activist investors since May, ship fuel supplier Aegean Marine Petroleum Network has filed for Chapter 11 protection in New York with Kirkland & Ellis advising, as it seeks to investigate an alleged US$300 million fraud and restructure itself before being sold – but a group of noteholders are already challenging its debtor-in-possession funding.

Kirkland advising Greek fuel supplier in US$855 million Chapter 11 A bunker barge at the Port of Piraeus in 2015.