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April 01, 2016
Metropolitan Capital Advisors International Ltd et al v. Navios Maritime Holdings, Inc. et al
Case Number:
1:16-cv-02437
Court:
Nature of Suit:
Multi Party Litigation:
Derivative Litigation
Judge:
Firms
Companies
Sectors & Industries:
View recent docket activity
Reflects complaints, answers, motions, orders and trial notes entered from Jan. 1, 2011.
Additional or older documents may be available in Pacer.
Coverage
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April 01, 2016
Shipping Co. Foisted $50M Debt Onto Unit, Shareholders Say
Global shipping and logistics company Navios Maritime Holdings Inc. was hit with a shareholder derivative suit in New York federal court Friday alleging management desperately engineered a company bailout by foisting $50 million in debt onto a subsidiary to ward off a prospective bankruptcy.
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