Excel Maritime Creditors Push For Chair's Docs In Fraud Probe

Law360, New York (September 6, 2013, 2:55 PM EDT) -- Creditors of Excel Maritime Carriers Ltd. on Thursday urged a bankruptcy court to force the Greek dry bulk shipper’s chairman to hand over documents from other entities he controls as part of an investigation into any potentially fraudulent transfers.

The official committee of unsecured creditors, which has battled Excel throughout its two-month bankruptcy, claims the company has refused to comply with discovery orders that included document requests from Chairman Gabriel Panayotides’ other entities, which the creditors say are run out of the same office as Excel....
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Case Information

Case Title

Excel Maritime Carriers Ltd., et al.

Case Number



New York Southern

Nature of Suit

Date Filed

July 1, 2013

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