Nobu Su is awaiting the result of an appeal against UK shipbroker Clarksons, which was heard in the UK High Court this week.
Following a hearing on Tuesday, Court of Appeal Justices David Kitchin and Launcelot Henderson opted to reserve their judgment until a later date, which legal experts say could be a matter of days or weeks.
Su was appealing a judgment against him given in the UK in February 2017 where Justice Nigel Teare ruled that he had waited too long to pursue a claim against Clarksons Platou Futures and Clarksons Securities broker Vassilis Karakoulakis for alleged breach of warranty and negligence.