The Eastern High Court has on Friday given the green light for the bankruptcy estate of the oil trading company OW Bunker to raise compensation claims against the capital fund Altor and the audit firm Deloitte with DKK 800 million. DKK, writes Børsen.
The case is one of three cases in which the receiver of the collapsed company tries to collect money from the creditors. Both of the cases have been dismissed by the High Court. One decision has even been upheld in the Supreme Court.
The rejected cases were brought after the case in which a decision was made in the high court on Friday. With the increased claim for compensation, the bankruptcy estate gets the opportunity to get home some of the money that was cut off in connection with the rejection of the other cases.
Friday's decision is, however, only a so-called partial decision. The court has decided solely on whether there was a basis for trustee Søren Halling-Overgaard to raise the original claim.
The main question in the case is, in its nature, whether the defendants can even be said to have a liability for compensation, and if so, it must then be determined how large an amount must be compensated.
The company OW Bunker, based in Nørresundby, dealt in fuel for shipping worldwide. The company went bankrupt in 2014. It happened just eight months after a large-scale IPO, which was celebrated as a great success.
Up to the IPO, OW Bunker was owned by the capital fund Altor. Shortly before, the fund withdrew a large amount as a distribution to a company in Luxembourg.
Ritzau
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