VOL. XLI

No. 16

20-April-1998

UAE

Athens Court Declares Bankruptcy Of Metro Trading International

The Athens-based Metro Trading International was declared bankrupt on 8 April by theFirst Instance Court of Athens which is in charge of liquidating the company. On 2 Marchthe company filed for bankruptcy in order to protect its creditors from GlencoreInternational, the Swiss oil trading house which has a storage agreement in the UAEemirate of Fujairah with Metro Oil Corporation, a...