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Professional and Legal Fees Related to the BW Proposal
9 Months Ended
Dec. 31, 2019
Professional and Legal Fees Related to the BW Proposal  
Professional and Legal Fees Related to the BW Proposal

13. Professional and Legal Fees Related to the BW Proposal

 

In 2018, BW LPG Limited and its affiliates (“BW”) made an unsolicited proposal to acquire all of our outstanding common shares and, along with its affiliates, commenced a proxy contest to replace three members of our Board of Directors with nominees proposed by BW (the “BW Proposal”), which was subsequently withdrawn on October 8, 2018. During the three and nine months ended December 31, 2018, significant costs for professional and legal services incurred in connection with the BW Proposal totaled $7.8 million and $10.0 million, respectively. No such costs were incurred during the nine months ended December 31, 2019.