Nordea unhappy with Prisco Chapter 11 ruling


Swedish bank Nordea has attacked the terms laid out by a judge in Manhattan that will see Russian tanker firm Primorsk International Shipping (Prisco) keep operating. A New York bankruptcy judge yesterday allowed Prisco to use encumbered cash in order to keep operations of its nine-strong fleet afloat in Chapter 11.

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Created by Granto888 1 year 22 weeks ago – Made popular 1 year 22 weeks ago
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