Documents Indicate Shipping Firm's PE Owners Were a Concern to Maritime Officials

A U.S. government panel tried to block a fuel-shipping company's bid for a federal loan guarantee in part because panel members were concerned that the company is owned by private equity firms, according to correspondence made public in a legal battle between the company and the government.

Saved in:
Bibliographic Details
Published inLBO Wire
Main Author By Ryan Dezember
Format Trade Publication Article
LanguageEnglish
Published New York Dow Jones & Company Inc 17.06.2013
Subjects
Correspondence
Equity
Guarantees
Litigation
Political appointments
Private equity
Venture capital companies
United States > US
Online AccessGet full text

Cover

More Information
Summary:A U.S. government panel tried to block a fuel-shipping company's bid for a federal loan guarantee in part because panel members were concerned that the company is owned by private equity firms, according to correspondence made public in a legal battle between the company and the government.