The spate of litigation worldwide following the collapse of OW Bunker ("OW") has continued to progress in recent weeks as ship owners look to protect themselves from the risk of double payment, bunker suppliers seek ways to get paid, and OW's administrators and assignees (ING Bank) attempt to recover receivables claimed by OW.
In this latest update we provide brief summaries of the impact of the RES COGNITANS decision and recent developments in the litigation from our offices around the world where Clyde & Co continues to act on behalf of a wide range of parties involved in this important dispute.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
