Eletson Holdings Inc. et al v. Levona Holdings Ltd.

  1. 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.

  2. 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.

  3. 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.