London's High Court has awarded a judgment in favour of Navios Group head Angeliki Frangou in a bitter dispute with her brother John Frangos over personal financial and business matters.
Commercial Court Judge Mark Pelling granted declarations sought by Frangou and two of her companies that effectively dismiss a raft of accusations that Frangos lodged against his sister.
'A family tragedy'
Angeliki Frangou had this to say about the conclusion of the legal fight with her brother:
"This was a family tragedy and I'm genuinely saddened this matter had to be resolved in court.
