Vatistas (appellant|) v Betta Oceanway Company & anr (respondents)
Tuesday 8 April 2025
By an Appellant’s Notice, filed on 6 August 2024, this is an appeal against the Order dated 2 July 2024 of Stephen Hofmeyr KC sitting as a Deputy High Court Judge in the Commercial Court in which the Judge dismissed the application.
The Claimant is Bettaway Oceanway Company who is the first Respondent. The Defendant is SC Tomini Trading SR who is the second Respondent. The Appellant is Mr Georgios Vatistas.
The Claimant is a company under the control of Mr Diab. The Defendant is a Romanian company founded by Mr Vatistas who was the majority shareholder and a director. From 2009 the Defendant was under the control of Mr Diab through a company called Abbottswood Holding SAL (Abbottswood), where Mr Vatistas was a minority shareholder. Mr Vatistas was removed as a director of the Defendant in 2020.
The underlying dispute is in relation to the current and former directors and shareholders of the Defendant regarding the existence of the debt.
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