OwnerShip Feeder Duo – First Ship Of Fund Insolvent
Info: total loss for ship Fund Investor threatens also to the Fund of the emission house ownership the ship industry crisis left its mark passes. The obvious for months the ship Fund OwnerShip feeder duo have problems with the decision of the District Court empty to the receivership of the MS Stadt HAMELN Fund ship reached its zenith. The revenue total remained until end 2010 at around 1/3 behind the revenue back prospecting, in spite of the restoration fee of the shareholders amounting to around 1.3 million. The restoration concept for the OwnerShip feeder duo is expected with developing now occurred to be failed. Total loss for investors threatens because given the current extremely low Charter rates and the so that no proceeds be met the existing bank liabilities is accompanied by low ship prices in a recovery of the ship, be may require investors from their money invested in the MS Stadt HAMELN. Investors of the ship Fund OwnerShip feeder duo threatens that specifically the total loss of their deposits. The investors of the OwnerShip duo feeder now face the question of the impending loss to accept, or to their money the chances to fight – are. However, it is to note that threatens the limitation of damages may already be at the end of 2012.