V Ships Limited v Luna Management Corporation & Anor

V Ships Limited v Luna Management Corporation & Anor

Lambros Stravelakis's deliberate, intentional, and continuing breach of the anti-suit injunction, with high culpability, lack of remorse, and serious prejudice to V Ships, justifies an immediate custodial sentence. Luna Management Corporation's contempt warrants asset confiscation. Lambros must bear costs consequences for dishonest defence involving his late father.

Parties
Claimant: V Ships Limited; First Defendant: Luna Management Corporation; Second Defendant: Lambros Stravelakis
Jurisdiction
England and Wales
Judgment Date
24 March 2026
Procedural Posture
Contempt of Court Proceedings / Sanction/sentencing After Liability Judgment
Outcome
Contempt found; immediate custodial sentence imposed; asset confiscation ordered; costs awarded.
Legal Topics
Anti Suit Injunctions, Contempt of Court, Arbitration Enforcement, Costs Orders

Case Brief

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Parties

V Ships Limited

Claimant

Luna Management Corporation

First Defendant

Lambros Stravelakis

Second Defendant

Procedural Posture

Contempt of Court Proceedings / Sanction/sentencing After Liability Judgment

  1. 1 Appropriate sanction for contempt of court for breach of anti-suit injunction
  2. 2 Culpability and mitigation in contempt proceedings
  3. 3 Costs consequences of dishonest defence

Ratio Decidendi

Lambros Stravelakis's deliberate, intentional, and continuing breach of the anti-suit injunction, with high culpability, lack of remorse, and serious prejudice to V Ships, justifies an immediate custodial sentence. Luna Management Corporation's contempt warrants asset confiscation. Lambros must bear costs consequences for dishonest defence involving his late father.

Court Disposition

Contempt found; immediate custodial sentence imposed; asset confiscation ordered; costs awarded.

Orders

  • Lambros Stravelakis sentenced to 14 months immediate custody for contempt (reduced from 18 months for mitigation).
  • Order for confiscation of Luna Management Corporation's assets.