NY Judge Vacates Eletson's $102M Arbitral Award

By Emily Sawicki · January 13, 2026, 3:26 PM EST

A Manhattan federal judge has vacated a $102 million arbitral award issued to international shipping company Eletson Holdings, saying, "The evidence is clear and convincing that Eletson committed fraud in the...

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Case Information

Case Title

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

Case Number

1:23-cv-07331

Court

New York Southern

Nature of Suit

Other Statutes: Arbitration

Date Filed

August 18, 2023