UPT POOL LTD. v. DYNAMIC OIL TRADING (SINGAPORE) PTE. LTD.

Nos. 14-CV-9262 (VEC), 14-CV-9282 (VEC), 14-CV-9286 (VEC), 14-CV-9287 (VEC), 14-CV-9542 (VEC), 14-CV-9646 (VEC), 14-CV-9720 (VEC), 14-CV-9949 (VEC), 14-CV-9973 (VEC), 14-CV-10027 (VEC), 14-CV-10089 (VEC), 14-CV-10090 (VEC), 14-CV-10091 (VEC), 15-CV-00190 (VEC), 15-CV-00620 (VEC), 15-CV-1351 (VEC), 15-CV-2090 (VEC), 15-CV-2141 (VEC), 15-CV-2733 (VEC), 15-CV-2734 (VEC), 15-CV-3221 (VEC), 15-CV-3471 (VEC), 15-CV-3988 (VEC), 15-CV-4138 (VEC)

UPT POOL LTD., Plaintiff, v. DYNAMIC OIL TRADING (SINGAPORE) PTE. LTD., O.W. BUNKER USA INC., O.W. BUNKER NORTH AMERICA INC., O.W. BUNKER HOLDING NORTH AMERICA INC., HARLEY MARINE SERVICES, INC., ING BANK N.V., Defendants. BIRCH SHIPPING LTD., Plaintiff, v. O.W. BUNKER CHINA LTD. (HK), O.W. BUNKER USA INC., O.W. BUNKER NORTH AMERICA INC., O.W. BUNKER HOLDING NORTH AMERICA INC., O.W. BUNKER & TRADING A/S, CHEMOIL LATIN AMERICA, INC., ING BANK N.V., Defendants. CLEARLAKE SHIPPING PTE LTD., Plaintiffs, v. O.W. BUNKER (SWITZERLAND) SA, O.W. BUNKER USA INC., O.W. BUNKER NORTH AMERICA INC., O.W. BUNKER HOLDING NORTH AMERICA INC., WESTOIL MARINE SERVICES, INC., ING BANK N.V., Defendants. CLEARLAKE SHIPPING PTE LTD, Plaintiff, v. O.W. BUNKER (SWITZERLAND) SA, O.W. BUNKER USA INC., O.W. BUNKER NORTH AMERICA INC., O.W. BUNKER HOLDING NORTH AMERICA INC., NUSTAR ENERGY SERVICES INC., ING BANK N.V., Defendants. BONNY GAS TRANSPORT LIMITED, as owner of the LNG FINIMA (IMO No. 7702401), Plaintiff, v. O.W. BUNKER GERMANY GMBH, NUSTAR TERMINALS MARINE SERVICES N.V., NUSTAR ENERGY SERVICES, INC., ING BANK N.V., Defendants. MT CAPE BIRD TANKSCHIFFAHRTS GMBH & CO. KG, individually and on behalf of M/T CAPE BIRD (IMO No. 9260067), Plaintiff, v. O.W. USA INC., O.W. NORTH AMERICA INC., HARLEY MARINE SERVICES, INC., ING BANK N.V., Defendants. SHV GAS SUPPLY & RISK MANAGEMENT SAS AND EXMAR SHIPPING BVBA, as owner of the WAREGEM (IMO No. 9659127), Plaintiffs, v. O.W. BUNKER USA, INC., O.W. BUNKER HOLDING NORTH AMERICA INC., O.W. BUNKER NORTH AMERICA INC., NUSTAR ENERGY SERVICES, INC., ING BANK N.V., Defendants. HAPAG-LLOYD AKTIENGESELLSCHAFT, Plaintiff, v. U.S. OIL TRADING L.L.C., O.W. BUNKER GERMANY GMBH, O.W. BUNKER & TRADING A/S, ING BANK N.V., CREDIT AGRICOLE S.A., Defendants. OSG SHIP MANAGEMENT, INC., and 1372 TANKER CORPORATION as owner of the M/V OVERSEAS MULAN (IMO NO. 9230880), Plaintiffs, v. O.W. BUNKER USA INC., O.W. BUNKER MIDDLE EAST DMCC, CHEMOIL CORPORATION, CHEMOIL MIDDLE EAST DMCC, GPS CHEMOIL LLC FZC, ING BANK N.V., Defendants. HAPAG-LLOYD AKTIENGESELLSCHAFT, Plaintiff, v. O'ROURKE MARINE SERVICES L.P., L.L.P., O.W. BUNKER GERMANY GMBH, O.W. BUNKER USA, INC., ING BANK N.V., Defendants. CONTI 149 CONTI GUINEA, individually and on behalf of M/T CONTI GUINEA (IMO No. 9391402), Plaintiff, v. O.W. BUNKER PANAMA S.A., O.W. BUNKER USA INC., CLEMENTI PARK SHIPPING CO. PTE LTD., ING BANK N.V., Defendants. NYK BULK & PROJECT CARRIERS LTD., individually and on behalf of M/V OCEAN FRIEND (IMO No. 9401829), Plaintiff, v. O.W. BUNKER USA INC., NUSTAR ENERGY SERVICES, INC., HARLEY MARINE GULF, INC., ING BANK N.V., Defendants. NIPPON KAISHA LINE LIMITED, individually and on behalf of M/V RIGEL LEADER (IMO No.9604940), Plaintiff, v. O.W. BUNKER USA INC., NUSTAR ENERGY SERVICES, INC., KIRBY INLAND MARINE LP, ING BANK N.V., Defendants. HAPAG-LLOYD AKTIENGESELLSCHAFT, Plaintiff, v. O.W. BUNKER NORTH AMERICA, INC., O.W. BUNKER GERMANY GMBH, O.W. BUNKER USA, INC., ING BANK N.V., Defendants. APL CO. PTE LTD and AMERICAN PRESIDENT LINES, LTD., individually and on behalf of M/V APL SALALAH (IMO No. 9462029), M/V APL ENGLAND (IMO No. 9218650), M/V APL OAKLAND (IMO No. 9332250), M/V APL SOUTHHAMPTON (IMO No. 9462017), M/V APL THAILAND (IMO No. 9077123), M/V APL CHINA (IMO No. 9074389), M/V APL EGYPT (IMO No. 9196905), M/V APL PHILIPPINES (IMO No. 9077276), and, M/V APL YANGSHAN (IMO No. 9462031), Plaintiffs, v. O.W. BUNKER FAR EAST (SINGAPORE) PTE. LTD, O.W. BUNKER USA INC., O.W. BUNKER NORTH AMERICA INC., WESTOIL MARINE SERVICES, INC., ING BANK N.V., Defendants. CANPOTEX SHIPPING SERVICES LIMITED, individually and on behalf of M/V GLOBAL PHOENIX (IMO No. 9565053), M/V CMB GIULIA (IMO No. 9588419), and M/V ASTON TRADER II (IMO No. 9392731), Plaintiffs, v. O.W. BUNKERS (UK) LIMITED, O.W. SUPPLY & TRADING A/S, CHEVRON MARINE PRODUCTS LLC, ING BANK N.V., Defendants. STAR TANKERS INC, individually and on behalf of M/V SHARON SEA (IMO No. 9316232), Plaintiff, v. O.W. BUNKER PANAMA S.A., O.W. BUNKER USA INC., O.W. BUNKER NORTH AMERICA INC., O.W. BUNKER HOLDING NORTH AMERICA INC., ING BANK N.V., Defendants. SK SHIPPING CO., LTD., and SK B&T PTE. LTD., individually and on behalf of M/V AZURIT (IMO No. 9551703), Plaintiffs, v. NUSTAR ENERGY SERVICES, INC., O.W. BUNKER MIDDLE EAST DMCC, O.W. BUNKER USA INC., ING BANK N.V., Defendants. SIGMA TANKERS INC, individually and on behalf of M/V DUBAI ATTRACTION (IMO No. 9422536), M/V ORCHID (IMO No. 9624079), Plaintiffs, v. O.W. BUNKER PANAMA S.A., O.W. BUNKER USA INC., O.W. BUNKER NORTH AMERICA INC., O.W. BUNKER HOLDING NORTH AMERICA INC., ING BANK N.V., Defendants. BAERE MARITIME LLC, individually and on behalf of M/V YASA GOLDEN HORN (IMO No. 9334040), Plaintiff, v. O.W. BUNKER PANAMA S.A., O.W. BUNKER USA INC., O.W. BUNKER NORTH AMERICA INC., O.W. BUNKER HOLDING NORTH AMERICA INC., ING BANK N.V., Defendants. MSC MEDITERRANEAN SHIPPING COMPANY S.A., Plaintiff, v. O.W. BUNKER NORTH AMERICA INC., O.W. BUNKER USA, INC., O.W. BUNKER (SWITZERLAND) S.A., ING BANK N.V., HARLEY MARINE NY, INC. Defendants. O.W. BUNKER USA INC. and O.W. BUNKER NORTH AMERICA INC., Plaintiffs, v. COSCO PIRAEUS, I.M.O. NO. 9484364, her engines, tackle, equipment, and furnishings, in rem, Defendant. O.W. BUNKER USA INC., Plaintiff, v. M/V BAKKEDAL in rem, Defendant. KAWASAKI KISEN KAISHA, LTD and CATALINA SHIPPING SA, as owner of the M/V Bremen Bridge (IMO No. 9367188), Plaintiffs, v. O.W. BUNKER MIDDLE EAST DMCC, O.W. BUNKER NORTH AMERICA, INC., ING BANK N.V., HARLEY MARINE NY, INC., and PAUL DAVID COPLEY, IAN DAVID GREEN AND ANTHONY VICTOR LOMAS IN THEIR CAPACITIES AS JOINT RECEIVERS OF THE SECURITY ASSETS, Defendants.

United States District Court, S.D. New York.

July 1, 2015.


Attorney(s) appearing for the Case

UPT Pool Ltd., Plaintiff, represented by James H. Power , Holland & Knight LLP & Marie Elizabeth Larsen , Holland & Knight LLP.

O.W. Bunker USA Inc., Defendant, represented by Vincent M. DeOrchis , Montgomery, McCracken, Walker & Rhoads, LLP, Kaspar Kielland , Montgomery, McCracken, Walker & Rhoads, LLP & Robert Eugene O'Connor , Montgomery, McCracken, Walker & Rhoads, LLP.

O.W. Bunker North America Inc., Defendant, represented by Vincent M. DeOrchis , Montgomery, McCracken, Walker & Rhoads, LLP, Kaspar Kielland , Montgomery, McCracken, Walker & Rhoads, LLP & Robert Eugene O'Connor , Montgomery, McCracken, Walker & Rhoads, LLP.

O.W. Bunker Holding North America Inc., Defendant, represented by Vincent M. DeOrchis , Montgomery, McCracken, Walker & Rhoads, LLP, Kaspar Kielland , Montgomery, McCracken, Walker & Rhoads, LLP & Robert Eugene O'Connor , Montgomery, McCracken, Walker & Rhoads, LLP.

ING Bank N.V., Defendant, represented by Bruce G. Paulsen , Seward & Kissel LLP & Brian Paul Maloney , Seward & Kissel LLP.

O.W. Bunker North America Inc., Cross Claimant, represented by Vincent M. DeOrchis , Montgomery, McCracken, Walker & Rhoads, LLP, Kaspar Kielland , Montgomery, McCracken, Walker & Rhoads, LLP & Robert Eugene O'Connor , Montgomery, McCracken, Walker & Rhoads, LLP.

O.W. Bunker Holding North America Inc., Cross Claimant, represented by Vincent M. DeOrchis , Montgomery, McCracken, Walker & Rhoads, LLP, Kaspar Kielland , Montgomery, McCracken, Walker & Rhoads, LLP & Robert Eugene O'Connor , Montgomery, McCracken, Walker & Rhoads, LLP.

O.W. Bunker USA Inc., Cross Claimant, represented by Vincent M. DeOrchis , Montgomery, McCracken, Walker & Rhoads, LLP, Kaspar Kielland , Montgomery, McCracken, Walker & Rhoads, LLP & Robert Eugene O'Connor , Montgomery, McCracken, Walker & Rhoads, LLP.

ING Bank N.V., Cross Defendant, represented by Bruce G. Paulsen , Seward & Kissel LLP & Brian Paul Maloney , Seward & Kissel LLP.

ING Bank N.V., Counter Claimant, represented by Bruce G. Paulsen , Seward & Kissel LLP & Brian Paul Maloney , Seward & Kissel LLP.

UPT Pool Ltd., Counter Defendant, represented by James H. Power , Holland & Knight LLP & Marie Elizabeth Larsen , Holland & Knight LLP.


MEMORANDUM OPINION & ORDER

On November 7, 2014, one of the world's largest suppliers of shipping fuel, O.W. Bunker & Trading A/S, and certain of its Danish subsidiaries and affiliates filed for bankruptcy in Denmark following significant risk management losses and the revelation of internal fraud...

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