GKG Law Wins District Court Decision Affirming Summary Judgment in In re Containership Co.
GKG Law recently prevailed on summary judgment in the United States District Court for the Southern District of New York against The Containership Company (“TCC” ) in a case involving claims in excess of $8 million. GKG Law serves as counsel for over 20 defendants in this litigation which began in 2011 after TCC filed for bankruptcy in Denmark and then filed 77 adversary proceedings against shippers in the Bankruptcy Court in the Southern District of New York. The adversary proceedings alleged breach of pre-petition service contracts and sought liquidated damages plus interest and attorneys’ fees. The cases have spanned over eight years with GKG Law continuing to represent most of the defendants in the litigation, including through the bankruptcy court’s approval of summary judgment in 2016. Many defendants opted to settle, but GKG Law encouraged our clients to continue litigation based on the strength of their defenses and in September 2019, the district court affirmed the bankruptcy court’s decision that TCC failed to provide service and breached contracts. As a result of the district court’s decision, GKG Law’s clients are not liable for the damages alleged by TCC.
GKG Law's Brendan Collins and Ed Greenberg serve as lead counsel for the firm's clients in this matter.
