Eagle Bulk Shipping has filed a pair of federal lawsuits asking to seize $1.42m in a dispute over distributions from the Navig8 Bulk Pool.
The registered owners of 14 Eagle Bulk vessels lodged the asset-seizure lawsuits in Connecticut and Illinois, and legal papers say they are also aiming to launch arbitration in London.
A source close to Eagle said the company only filed the lawsuit to establish jurisdiction.
Lawyer
