UniCredit Loses $24.7M Lawsuit For Missing Oil Cargo

By Silvia Martelli (April 28, 2022, 5:39 PM BST) -- UniCredit Bank AG has lost its $24.7 million damages lawsuit against the owners of a ship, as a court ruled on Thursday that they are not responsible for the bank's losses after thousands of metric tons of oil disappeared after arriving at a United Arab Emirates port....

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