In dire straits: The true nature of bunker supply contracts, and where now for affected shipowners after OW Bunker's insolvency?

(1) PST ENERGY 7 SHIPPING LLC; (2) PRODUCT SHIPPING & TRADING S.A. V. (1) O.W. BUNKER MALTA LTD; (2) ING BANK N.V. [2016] EWSC 23 (‘RES COGITANS’)

Judgment of the Supreme Court, 11 May 2016

Filed under:
United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Shipping & Transport, Twenty Essex
Authors:
Matthew McGhee
Location:
United Kingdom
Firm:
Twenty Essex