Tuesday 3 – Wednesday 4 July 2023
By Appellant’s Notice filed on the 30 January 2023, the claimant below appeals the decision of Mr Stephen Houseman KC dated the 15 December 2022 sitting in the Commercial Court.
The claimant (AF) seeks payment of US$11,866,844, alternatively damages, plus interest from the defendant (JF). JF and AF are brother and sister. They are part of a successful and prominent Greek ship-owning family founded by their late father, Captain Nikolaos ‘Nicos’ Frangos.
The claim is made pursuant to a written agreement stated to be concluded on 1 September 2011 between the two of them and their father. The agreement is governed by English law. Although Capt. Nicos did not counter-sign it as originally envisaged, JF’s challenge to its enforceability on this basis was dropped by amendment to his defence settled by new counsel a week before trial.