Inside the ‘incredibly acrimonious’ battle for control of shipowner Eletson
24 days ago
TradeWinds
Court and arbitrator find improper conduct on both sides as bitter legal battle keeps sizzling
A battle for control of Greece’s Eletson Holdings that burst into public view in the past weeks has been raging in the background for more than two years.
Managers at Eletson, a famous private Greek shipowning name, have been at loggerheads with a Canadian hedge fund for control of the company, legal documents reveal.
The dispute, sparked in 2022, spans courts and arbitration hearings in the US and Greece.