A US appeals court has sided with George and Stathis Gourdomichalis in their years-long, $18.5m legal battle over an abandoned bulker.
The federal Ninth Circuit Court of Appeals in San Francisco upheld a district court's February 2020 decision siding with the brothers over Pacific Gulf Shipping's attempt to enforce an arbitration award over the now-scrapped, 73,500-dwt Adamastos (built 1995).
The decision by the three-judge panel was unanimous.
