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Eletson, Levona Ask 2nd Circ. To Not Delay Atty Removal

By Emily Sawicki ( March 27, 2025, 2:36 PM EDT) -- The new owners of reorganized international shipping group Eletson and a creditor-turned-affiliate have urged the Second Circuit to nix Reed Smith LLP's emergency motion for a stay in a lawsuit seeking to enforce a $102 million arbitral award, as the law firm fights to continue representing the shipping company's pre-bankruptcy shareholders....

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