United Arab Emirates company files suit against company in Greece for unpaid balance

By Mark Reccek | Jun 19, 2015

A company with headquarters in Dubai, United Arab Emirates is suing a company based Athens, Greece for breach of a maritime contract.

Hakan Agro DMMC filed a lawsuit against Sea Moon Shipping and Trading on June 8 in the Eastern District of Louisiana Circuit Court. According to the lawsuit, on Dec. 24, 2014, Hakan Agro DMMC and Greenfield Commodity Enterprises (UK) Ltd entered into a contract of sale in which Hakan Agro agreed to sell to Greenfield a cargo of yellow corn.

On Jan. 25, 2015, Hakan Agro and Greenfield executed an addendum to the contract of sale altering the quantity and price with all other terms and conditions remaining unchanged. On Jan. 31, 2015, the cargo was loaded onto the marine vessel Sea Moon in Ilyichevsk, Ukraine and was to be discharged in Tobruk, Libya. The cargo had a total price of $2,581,726.80.

On Feb. 16, 2015, Hakan Agro sent an invoice for $2,581,726.80 to Greenfield’s bank for the cargo loaded on the Sea Moon. Greenfield remitted payment of only $1,528,769.24 to Hakan Agro. Hakan Agro advised the Sea Moon on Feb. 22 that the cargo was not to be unloaded until it had received full payment. However, when the ship arrived in Libya, it was released to an unknown property "without presentation of the original bills of landing," according to the suit.

Hakan Agro alleges breach of contract for the unpaid balance. Plaintiff requests the amounts due and owing, as well as interest and costs.

Hakan Agro is represented by David S. Bland, T.A. of Bland & Partners, PLLC in New Orleans.

Eastern District of Louisiana Circuit Court case number 2:15-CV-01952.

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