SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 under
the Securities Exchange Act of 1934
the Securities Exchange Act of 1934
For the month of April 2017
Commission File Number 001-32640
DHT HOLDINGS, INC.
(Exact name of Registrant as specified in its charter)
Clarendon House
2 Church Street, Hamilton HM 11
Bermuda
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☑ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): _____
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): _____
Litigation Matters
On April 27, 2017, Frontline Ltd. (“Frontline”) filed a complaint against DHT Holdings, Inc. (the “Company”), BW Group Limited (“BW Group”) and the Company’s directors in the High Court of the Republic of the Marshall Islands (the “Court”) among other things alleging certain fiduciary duty breaches and other claims in connection with the Company’s Rights Agreement, dated as of January 29, 2017, and the entry by the Company into the Vessel Acquisition Agreement (“VAA”), dated as of March 23, 2017, between the Company and BW Group, pursuant to which the Company agreed to acquire 9 very large crude carriers (“VLCCs”) and newbuild contracts for 2 VLCCs from BW Group and seeking certain injunctive relief relating to transactions contemplated by the VAA. The Company believes the claims set forth in Frontline’s complaint are without merit.
On April 28, 2017, the Court issued an order (the “Court Order”) denying Frontline’s request for a temporary restraining order in connection with these proceedings. The previous summary does not purport to be complete and is qualified in its entirety by the Court Order, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
EXHIBIT LIST
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Exhibit
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Description
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99.1
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Court Order regarding Frontline Ltd., v. DHT Holdings Inc. et al.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| DHT Holdings, Inc. | |||
| (Registrant) | |||
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Date: April 28, 2017
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By:
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/s/ Eirik Ubøe | |
| Name: Eirik Ubøe | |||
| Title: Chief Financial Officer | |||
Exhibit 99.1
IN THE HIGH COURT
OF THE
REPUBLIC OF THE MARSHALL ISLANDS
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FRONTLINE, LTD.,
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CIVIL ACTION NO. 2017-092
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plaintiffs,
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v.
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ORDER
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DHT HOLDINGS, INC., et al.,
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defendants.
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TO: James McCaffrey, counsel for plaintiff Frontline
Dennis Reeder, counsel for defendant DHT
Arsima Muller, counsel for BW Group Limited
On April 28, 2017, this matter came before the Court on the plaintiff’s Motion Seeking a Temporary Restraining Order and Preliminary Injunction. Having considered the plaintiff’s Motion and argument by counsel, the Court denies the plaintiffs request for a temporary restraining order.
The Court agrees with the plaintiff that the standard for granting a preliminary injunction as set forth in Nuka v. Morelik, 3 MILR 39, 41 (2007) and Neidenthal v. CEO, Sct. Civil 2015-001, at 3 (2015), and the Court agrees that the standard for a temporary restraining order is the same as that for a preliminary injunction. However, the Court does not find that the plaintiff will suffer “irreparable injury” before the defendants can submit written oppositions to its request for injunctive relief and be heard. The Court can reduce the time for briefing and can schedule a hearing for a preliminary injunction within three weeks. The plaintiff has not established that it will suffer “irreparable injury,” — that is, injury that cannot be reverse by a court order — within the three-week period.
Accordingly, having consulted with counsel, the Court orders as follows.
1. On or before 4:30 p.m. on May 5, 2017, the defendants must file with the Court and serve on counsel for the plaintiff their oppositions to the plaintiff’s Motion, not to exceed 25 pages without leave of Court.
2. On or before 4:30 p.m. on May 10, 2017, the plaintiff must file with the Court and serve on counsel for the defendants the plaintiff’s replies, if any, to the defendants’ oppositions, not to exceed 7 pages without leave of Court.
3. On or before 4:30 p.m. on May 12, 2017, the defendants must file with the Court and serve on counsel for the plaintiff the defendants’ sur-replies, if any, to the plaintiff’s replies.
4. With respect to the papers counsel file, they must identify in any attached exhibits, particularly voluminous exhibits, the provisions the counsel wishes to bring to the Court’s attention.
5. The Court will hear oral argument on the Motion for preliminary injunction at 10:00 a.m. on May 17, 2017. Only counsel that are admitted and present will be heard.
Dated: April 28, 2017.
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/s/ Carl B. Ingram | |
| Carl B. Ingram | ||
| Chief Justice | ||