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Reed Smith Pushes For 2nd Circ. Stay In $102M Award Fight

By Emily Sawicki ( June 12, 2025, 4:43 PM EDT) -- Still seeking to represent prebankruptcy owners of international shipping company Eletson Holdings Inc., Reed Smith LLP has asked the Second Circuit to stay a bankruptcy proceeding and a district court action, arguing the reorganized Eletson, now allegedly under common control with a former adversary, has launched a "calculated effort" to seize the company's privileged client information....

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