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Eletson Holdings Inc. et al v. Levona Holdings Ltd.
Case Number:
1:23-cv-07331
Court:
Nature of Suit:
Judge:
Firms
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September 05, 2024
'Flimsy Attack' In $102M Award Suit Falls Flat, Court Hears
Liberian entities fighting to enforce a $102 million arbitral award issued in a dispute over control of a $700 million liquefied petroleum gas shipping joint venture have criticized the award debtor's "flimsy attack" on the arbitrator's impartiality in a filing to a New York federal judge.
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June 13, 2024
Judge Will Tap Arbitrator To Explain $87M Shipping Award
A New York federal judge will let an arbitrator who found that Levona Holdings Ltd. owed Eletson Holdings Inc. almost $87 million in damages clarify the order, saying it was sufficiently ambiguous to require elaboration and rejecting Levona's request that the arbitrator not be given that chance.
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September 14, 2023
Battle For Control Of Gas Co. Leads To $87M Award
A complicated dispute over a corporate coup perpetrated by the Canadian investment firm Murchinson Ltd. involving a $700 million liquefied petroleum gas shipping joint venture that owns the world's second-largest fleet of LPG carriers has ended with an $86.9 million arbitral award in favor of two Liberian entities.