Denmark

Results for Denmark

Concern Rises As Cracks Appear In Nordic Model

Cracks are beginning to appear in the vaunted Nordic model. The four main Nordic countries – Denmark, Finland, Norway and Sweden – still grace the top of most global rankings for happiness, competitiveness, the best place to be a woman and even the best ...

Daily Headline - global.abi.org - 11/20/2014 - 21:17 - 0 comments

OW Bunker Far East To Meet Liquidator On December 4; Six More Vessels Arrested

The Singapore arm of bankrupt Danish shipping fuel trader OW Bunker will meet with its liquidator KPMG in early December to discuss the firm's outstanding debt, which totals almost $1.5 billion globally, Reuters reported. OW Bunker, a leading suppli ...

Daily Headline - global.abi.org - 11/18/2014 - 20:58 - 0 comments

Belgian Law Firm Deminor Says Contacted By OW Bunker Investors

Belgian law firm Deminor said it had been contacted by 15 to 20 investment firms considering legal action over the failure of OW Bunker, the world's largest shipping firm which filed for bankruptcy a week ago, Reuters reported. Deminor, which specia ...

Daily Headline - global.abi.org - 11/16/2014 - 20:54 - 0 comments

Four More Firms File Claim Against Bankrupt OW Bunker

A flurry of firms have filed lawsuits against the Singapore units of bankrupt Danish shipping fuel trader OW Bunker, with claims totalling more than S$5 million, and traders say this is likely just the beginning of a wave of court actions. Court document ...

Daily Headline - global.abi.org - 11/12/2014 - 20:46 - 0 comments

Danish OW Bunker Seeks Court Protection For Insolvency

Danish bunker supplier OW Bunker announced Thursday, November 6, that two of its major operating subsidiaries were expected to be insolvent and it is seeking court protection, Platt’s reported. The bunker supplier is seeking protection for subsidiaries O ...

Daily Headline - global.abi.org - 11/06/2014 - 22:02 - 0 comments

Denmark's Tanker Company Torm Agrees On Debt Restructuring

Debt-stricken Danish tanker operator Torm said on Monday it had agreed a deal with group of its lenders and Oaktree Capital Management, a large U.S. investor in distressed debt, to restructure the company, Reuters reported. The Danish company is one of t ...

Daily Headline - global.abi.org - 10/27/2014 - 21:14 - 0 comments

Rights in Aircraft Engines under Danish Law

On 3 May 2012, interchanges occur frequently. bankruptcy proceedings On the basis of the engine were commenced documentation, the trustees against the Danish airline established that the engines had... (Denmark, Europe) bankruptcy,insolvenc ...

Resource Article - twallace@abiwor... - 09/18/2013 - 14:32 - 0 comments - 1 attachment

Denmark to Cut Corporate Tax Rate

Denmark, battling a stagnant economy and concerns about a productivity gap with other nations, is planning to slash its corporate taxes in phases over the next three years to better stack up against other countries in the region, The Wall Street Journa ...

Daily Headline - global.abi.org - 02/26/2013 - 23:14 - 0 comments

Airline SAS's Survival Talks With Unions Extended Into Monday

Troubled Scandinavian airline SAS and its labor unions on Monday pushed on with talks aimed at ensuring the group's survival and avoiding bankruptcy after a midnight deadline for a deal passed, The Chicago Tribune reported on a Reuters story. Th ...

Daily Headline - global.abi.org - 11/18/2012 - 20:23 - 0 comments

Scandinavian Airline SAS Sets Restructuring

SAS AB on Monday said it would cut salaries and more jobs as part of a new restructuring plan that is dependent partly on the support of labor unions, as the Scandinavian airline carrier tries to convince investors of its long-term future, The Wall Str ...

Daily Headline - global.abi.org - 11/12/2012 - 22:37 - 0 comments

Syndicate content