Piraeus Bank is taking its $85.6m claim against Greek former shipowner Michael Zolotas to trial in London next year.
The bank filed its claim in February last year but co-defendants Zolotas, his company Grandunion and its vessel-owning subsidiary Grand Anemi have not yet responded in the case and have failed to acknowledge service of court documents.
Piraeus Bank is claiming damages for breach of a financial agreement signed between lender Marfin Egnatia Bank and Grand Anemi in August 2009.
