insolvency Archives - Fichte & Co Legal Legal Firm in Dubai Wed, 06 Sep 2023 08:50:43 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://fichtelegal.arraytag.com/wp-content/uploads/2022/01/cropped-Favicon-32x32.png insolvency Archives - Fichte & Co Legal 32 32 OW BUNKER – The Saga Continues? https://fichtelegal.arraytag.com/ow-bunker-the-saga-continues/?utm_source=rss&utm_medium=rss&utm_campaign=ow-bunker-the-saga-continues Mon, 15 Feb 2016 06:39:19 +0000 https://fichtelegal.arraytag.com/ow-bunker-the-saga-continues/ After OW Bunker’s insolvency, Owners were faced with the risk of having to pay twice for the same bunkers – once to OW Bunkers / ING who had a contractual claim, and once to physical suppliers who arrested the supplied ships on the basis of statutory rights. In many jurisdictions, courts were tasked to decide …

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