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Seattle DJC.com local business news and data

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Leading Italian Shipping Company Moby S.p.A. Files Lawsuit Against Asset Management Firms

Leading Italian Shipping Company Moby S.p.A. Files Lawsuit Against Asset Management Firms
Lawsuit Details How Defendants Engaged in an Unlawful Campaign to Take Over Moby, Including by Forcing Moby into a Meritless Involuntary Bankruptcy Proceeding
Defendants Campaign Began in Mid-2019 and Continues Unabated, with Defendants Now Refusing to Engage in Good-Faith Efforts to Restructure the Company - a Restructuring Itself Precipitated by Defendants Unlawful Conduct
In the Middle of a Pandemic, Defendants Unlawful Conduct Is Causing Moby s Employees, Customers and Partners Added, Unnecessary Uncertainty
Certain Defendants Traded Moby s Bonds During Moby s Restructuring Despite Being Prohibited from Doing So ....

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