Regional news: Denmark

“Precedent-setting” derivatives ruling in Danish OW Bunker case

A Danish court has ruled that international companies cannot face lawsuits in Denmark arising out of derivatives contracts with local companies that subsequently go into bankruptcy.

25 June 2018

ECJ ends 13-year dispute over Danish TV station bailout

More than a decade after litigation first began, the European Court of Justice (ECJ) has dismissed efforts to reopen proceedings over the funding and subsequent bailout of a Danish public broadcaster.

09 March 2017

New York court throws out OW Bunker sub-contractee claims

In another victory for Danish marine fuel supplier OW Bunker and its financiers, a New York court has denied maritime liens claims by sub-contractors who provided physical delivery of fuel to OW Bunker clients.

11 January 2017

New York court rejects “misguided” OW Bunker maritime liens claims

A New York district court has rejected claims that bankrupt ship fuel supplier OW Bunker holds maritime liens against five ships whose owners failed to pay it for contracted fuel deliveries, dismissing a cluster of applications brought by ING Bank as the group’s security agent.

01 November 2016

Danish bank escapes EU state aid bill

The EU's General Court has annulled a European Commission decision that a capital injection granted by the Kingdom of Denmark to a Danish bank constituted state aid, relieving the bank of a €42 million bill.

29 September 2016

Italian fuel trader turns to US to stay Danish creditor suits

An Italian fossil fuel trader has filed for bankruptcy protection in a Delaware court to safeguard it from US civil suits launched by Danish creditors.

16 December 2015

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