DHT Holdings, Inc. Announces that Frontline’s Request for a TRO has been Denied
posted by AJOT | Apr 28 2017 at 02:39 PM
HAMILTON, BERMUDA - DHT Holdings, Inc. (NYSE: DHT) today announced that the High Court of the Marshall Islands has denied Frontline's request for a temporary restraining order regarding matters relating to DHT's acquisition of BW Group's VLCC fleet. The High Court issued its ruling denying Frontline's request, which Frontline filed on April 27, 2017, after hearing arguments by counsel for Frontline, DHT and BW Group.
The High Court has requested that additional filings be submitted over the coming weeks, with the next scheduled hearing in the High Court planned for May 17, 2017.