VOL. XLI
No. 10
9-March-1998
UAE
Metro Trading Files For Bankruptcy
Athens-based Metro Trading International announced on 2 March that it had filed forbankruptcy in order to protect its creditors. The company said that it opted forbankruptcy in "response to recent actions by Glencore International, to gainadvantage over Metro Trading's creditors." It added that the bankruptcy proceeding inAthens does not affect its Bermuda-registered affiliate, Metro Oil Corporation, which ownsand operates an...
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