V Ships Ltd v Luna Management Corporation & Anor [2026] EWHC 700 (Comm) (20 March 2026)

V Ships Ltd v Luna Management Corporation & Anor [2026] EWHC 700 (Comm) (20 March 2026)

Deliberate and continuing breach of anti-suit injunction by Lambros and Luna, with high culpability, lack of remorse, and serious prejudice to claimant, justifies immediate custodial sentence for Lambros and confiscation order against Luna. Mitigation factors warrant reduction in sentence length but not suspension.

Citation
[2026] EWHC 700 (Comm)
Parties
Claimant: V Ships Limited; First Defendant: Luna Management Corporation; Second Defendant: Lambros Stravelakis
Jurisdiction
England and Wales
Judgment Date
20 March 2026
Procedural Posture
Contempt of Court Proceedings / Sanction/sentencing Following Liability Judgment
Outcome
Immediate custodial sentence for Lambros; confiscation order against Luna; costs order against Lambros; no order as to costs between claimant and Stefanos or his estate.
Legal Topics
Contempt of Court, Anti Suit Injunctions, Enforcement of Arbitration Awards, Costs Orders
Civil Procedure Arbitration Commercial Law Contempt of Court Anti Suit Injunctions Enforcement of Arbitration Awards 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 Following Liability Judgment

Legal Issues

  1. 1 Appropriate sanction for contempt of court
  2. 2 Deliberate breach of anti-suit injunction
  3. 3 Personal culpability and control

Ratio Decidendi

Deliberate and continuing breach of anti-suit injunction by Lambros and Luna, with high culpability, lack of remorse, and serious prejudice to claimant, justifies immediate custodial sentence for Lambros and confiscation order against Luna. Mitigation factors warrant reduction in sentence length but not suspension.

Court Disposition

Immediate custodial sentence for Lambros; confiscation order against Luna; costs order against Lambros; no order as to costs between claimant and Stefanos or his estate.

Orders

  • Lambros Stravelakis sentenced to 14 months immediate custody for contempt of court.
  • Order for confiscation of Luna Management Corporation's assets.